Yes, finally all the fear mongering from the left can stop. The world will continue to spin and innovation will not be hindered by Obama era regulation.
Enjoy the fear mongering.
Guess the internet didn't work at all or wasn't conducive to innovation prior to 2015...right?
Let's remove the question of whether you think that ISPs should be preemptively forbidden or punished after the fact for any actions that are bad for competition or for the consumer.
Now I ask, did the issue of Netflix being slowed in 2014 bother you? Or was Comcast OK to do that? If you believe it was OK for Comcast to do that, that's OK to (it is your opinion of course), but I think you have to understand that it does have consequences.
The innovation of the internet pre-2015 NN rules was because ISPs had not been prioritizing traffic large scale for most of the internet. (Home ISPs weren't, cellular companies were). But around 2012/2013 the ISPs were upset about all these private companies like Netflix and Google (YouTube) that were making money while the ISPs were being treated as dumb pipes.
I'm genuinely curious how you feel about this. Because I personally think it's OK to treat ISPs like dumb pipes. I personally think it's fine if they're relegated to being treated like my electric company (ComEd). ComEd should not charge me higher fees for electricity based on what I use my electricity for. My gas company should not charge me higher fees for different uses of gas. Similarly, I should not be charged differently for using my internet connection one way vs another.
I would be fine with this new change if there was better competition in the U.S. With deregulation, if a company did try to prioritize traffic but I had a choice between 5-10 really good companies, I could move my business elsewhere. Instead most US consumers have a choice between 1-2 really good ISPs in their area. If both companies do this, as a consumer you're stuck.
All the "innovation" that Ajit Pai talks about is Verizon or Comcast finding new ways to offer "services" that they can charge for which previously they would have no legal ability to do so. For example health telemonitor (doctors checking in using the internet in your home to monitor your pacemaker and defibrillator) is something an ISP can say is high priority and deserves to be charged extra. It hasn't happened yet, but this is something I do not think is OK. After all, we don't charge people extra for using electricity to store insulin or using water to take medicines, even though arguably those are "more important" uses for electricity and water.