As predicted, Time Warner announced yesterday that they would no longer be implementing absurdly low bandwidth caps, ranging from 10 GB per month to 40 GB, depending on how much you were willing to pay. This in comparison with the only other “Cap” in the US, Comcast, who has a not-rigidly-enforced 250GB cap for $45 per month.

Time Warner tried to pass this off as a “misunderstanding” (LOL) and watched their stock plunge, because investors know that absurd restrictions means customers leave, and when customers leave, quarterly profits decrease.

So the PR damage control team at Time Warner is on the case, and this little event will go down in history as one of the most absurd tech policies ever.

Almost as immensely stupid as the FCC’s famous rejection of Bell Labs in 1948 when Bell Labs requested the (now cell phone) frequencies for testing of what they thought they could invent. The FCC in all of it’s unconstitutional glory told them, Nope, you can’t invent the (cell phone). Their reason? “It’s not possible.”

Sony engineers made the same request 20 years later, in the late 60’s, and we all know how that story has ended. Many third graders now have their own cell phone. Thanks for the 20 year delay FCC.