But can they even afford smart-phones to use the internet? Plus, the cheapest in-app purchase I've ever seen is 99 cents. Practically free for Americans, but not for people living up $2.50 per day. I still don't see how these companies can make money off this. Especially #Airbus. At least #Google and #Facebook can make some profits on increased advertising. Please enlighten me.
Fascinating. #Zuckerberg has been very vocal about bringing internet to the world, so I was aware of their efforts, but I had no idea there was a literal race between #Facebook, #Google, and #Airbus to connect underdeveloped countries to the web. This will open countless doors for industry, innovation, education, and more.
But I'm not clear on whether these companies are pursuing this for altruistic reasons or just their bottom line. Do they hope to simply make more ad revenue or perhaps sell services to these regions (who have limited liquid cash to spend), or do they expect to make money on the drones/balloons themselves by selling the technology to those countries.
I'd love some elaboration on the "who will foot the bill" section.
Drones Vs. Balloons
But can they even afford smart-phones to use the internet? Plus, the cheapest in-app purchase I've ever seen is 99 cents. Practically free for Americans, but not for people living up $2.50 per day. I still don't see how these companies can make money off this. Especially #Airbus. At least #Google and #Facebook can make some profits on increased advertising. Please enlighten me.
$GOOGL $FB $EADSY
Drones Vs. Balloons
Fascinating. #Zuckerberg has been very vocal about bringing internet to the world, so I was aware of their efforts, but I had no idea there was a literal race between #Facebook, #Google, and #Airbus to connect underdeveloped countries to the web. This will open countless doors for industry, innovation, education, and more.
But I'm not clear on whether these companies are pursuing this for altruistic reasons or just their bottom line. Do they hope to simply make more ad revenue or perhaps sell services to these regions (who have limited liquid cash to spend), or do they expect to make money on the drones/balloons themselves by selling the technology to those countries.
I'd love some elaboration on the "who will foot the bill" section.