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The average U.S. household has to pay an exorbitant amount of money for an Internet connection that the rest of the industrial world would find mediocre. According to a recent report by the Berkman Center for Internet and Society at Harvard University, broadband Internet service in the U.S. is not just slower and more expensive than it is in tech-savvy nations such as South Korea and Japan; the U.S. has fallen behind infrastructure-challenged countries such as Portugal and Italy as well.

The consequences are far worse than having to wait a few extra seconds for a movie to load. Because broadband connections are the railroads of the 21st century—essential infrastructure required to transmit products (these days, in the form of information) from seller to buyer—our creaky Internet makes it harder for U.S. entrepreneurs to compete in global markets. As evidence, consider that the U.S. came in dead last in another recent study that compared how quickly 40 countries and regions have been progressing toward a knowledge-based economy over the past 10 years. “We are at risk in the global race for leadership in innovation,” FCC chairman Julius Genachowski said recently. “Consumers in Japan and France are paying less for broadband and getting faster connections. We’ve got work to do.”

To read the full, original article click on this link: Why Broadband Service in the U.S. Is So Awful: Scientific American