we have adam, rich karlgaard.d john chambers said we don't want to could back to the 1960s, when the ftcc was regulating television. >> i like john chambers. silicon valley is not behind this idea, because it's a dumb idea. i think fcc chairman tom wheeler will do the right thing. i think he is very successful guy. he invested in this field and i don't think he will rubberstamp obama's orders at all. >> all right, well, mark, do you think that the fcc would, could make the internet better? that is the assumption, that the president is making. i think it is a wrong assumption. >> i think it is tough. i don't think the american people want the government in their lives, whatsoever, anything interventionist is generally disaster. we don't need broadband redistribution now. if anything it is not the government's job to telecom cast how to regulate its content. i think if anything more competition is the better answer. it can provide, you know, better content for everybody. david: okay. we have to move on. a new study

. >> and rich karlgaard, a lot of people worried about a government takeover of the internet.ould this get us there? >> it could get us there and it has all sorts of implications around censorship and so on but the economic considerations are this -- at&t's ceo randall stephenson is ready to spend tens of billions of dollars rolling out next generation fiber in 100 stcitie in the united states. he's hesitating whether he'll get his money back-charging premium services to companies like netflix and because this law, if itsses, is that, you know, at&t wouldn't be able to do that. so he won't invest. >> it's already had an $18 billion impact on our economy, bill? >> well, the brand theory seems to be that obama bet on world domination is going to seize every inch of the internet and censor it. i'm not that afraid of that particular outcome. we'll see something much more moderated, price regulations and those rare instances where the cable provider, as in my neighborhood harks a monopoly. not so bad. >> point is obviously not happening overnight a government takeover, mike ozanian