FCC Chairman Julius Genachowski today issued the Gigabit City Challenge  to broadband providers and state and local community leaders, to bring ultrafast gigabit Internet  to at least one community in each of the 50 states by 2015.
This initiative would bring communities' Internet speed to a rate approximately 100 times faster than current fixed high-speed Internet connections. At such high speeds, current Internet blunders such as a stalling Netflix movie or a 15-minute download time for a music album would be considered relics of broadband days gone by.
But beyond mere convenience for Internet surfers at home, Genachowski said establishing gigabit communities across the country will accelerate innovation in new businesses and industries, and fuel greater investor interest in high-tech industries.
[Image: Flickr user Robert S. Donovan ]