UPDATED 19:42 EDT / APRIL 08 2009

Cisco’s John Chamber and Intel’s Sean Maloney on Broadband Stimulus

These quotes from the USA Today’s story by Jon Swartz speak volumes..

“This is a once-in-a-lifetime deal,” says Sean Maloney, chief sales and marketing officer at Intel, which is working on broadband projects with governments in the U.S., Japan, Vietnam and others. “This dwarfs the Marshall Plan and the New Deal. It is unimaginably large, and will never happen again. It is incumbent on us to spend it wisely.”

Adds Cisco CEO John Chambers, “I think technology can transform health care, can transform education, can transform the environment — not just from smart grids or better utilization of data centers, but also change our lives in a positive way.”

Our Angle on the Broadband stimulus is clear – it’s a great thing. Technology is the enabler for crawling out of this disaster we call a depression. I’ve posted many times on the lack of research and development. The old school R&D needs to come back. The stimulus is a much needed jump start.


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