South Korea at least used to have blazingly fast internet infrastructure. Of course that didn't make up for shitty banking websites that you could only use by running Internet Explorer and allowing it to install "security plugins" that hook into Windows kernel, but at least the internet was fast, and it did give Korea an edge for its IT industry.
That was, I think, about twenty years ago.
I've been living in the US for 10+ years so I'm not very well informed, but basically the ISP industry ended up in an oligopoly where everybody's friends with the government, and they kept raising prices while neglecting infra upgrade. Until nobody can call Korea's internet "fast" any more.
Now all we've got is shitty websites. (To be fair, they are somewhat less shitty now... you can now access your banking websites on Mac!)
That was, I think, about twenty years ago.
I've been living in the US for 10+ years so I'm not very well informed, but basically the ISP industry ended up in an oligopoly where everybody's friends with the government, and they kept raising prices while neglecting infra upgrade. Until nobody can call Korea's internet "fast" any more.
Now all we've got is shitty websites. (To be fair, they are somewhat less shitty now... you can now access your banking websites on Mac!)