David Karp, CEO of the Yahoo-owned social blogging site Tumblr, went on CNBC’s Squawk Box program today to talk about the FCC’s yes vote on network neutrality.
Unfortunately, the segment wasn’t nearly the feel-good moment that the vote itself was earlier today.
The show’s cranky-looking commentators had their questions at the ready, but the presumably media-savvy Karp struggled to answer even the most basic ones.
Mainly, he failed to explain why there’s very little competition in the wired and wireless broadband markets.
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He also could not explain why AT&T is clearly bluffing when it says it’ll stop investing in networks when broadband is regulated like a public utility. (Answer: There’s just too damn much money to be made.)
Maybe CNBC is wishing it had brought on someone a bit better prepared to shed light on the situation.
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