If we don't take action now we'll end up with "public Internet utility" companies just like we have "public Gas and Electricity" companies. In reality they receive federal funds to keep them operating but they answer only to their stockholders and not the people. If they answered to the people...wait for it...wait for it...we'd be communists? (For those of you that think that, go look up the definition.) Nope, we wouldn't be, we'd actually have a democracy where everyone has an equal voice. Unfortunately we operate in a plutocracy (the US). My voice doesn't count as much as the board members of "insert utility company here." In order to get around this issue, the US Government along with State Governments should create a totally separate network infrastructure. We could actually catch up to most other countries, create jobs, rid ourselves of the aging copper base, and actually have a network clearly subject to the government and to the people. Then we could have a public regulatory agency lease lines to private operators to do what they want to do with their own little network on the greater public network. As it stands now we have a hodgepodge of backbone providers (funded by the US government not for the people but for the good of the lobbyists) that allow us peasants to use their network as they see fit (think telcos, cellphones, you name any communication device here...). How about that idea Slashdot?
Ideally it'd be nice if the board/regulatory agency that would oversee the Internet 3, were made up of local citizens from each state with strict term limits and strict operating parameters, because I'm not a fan of ye olde Uncle Sam running it with his lobbyist sons and daughters.