One reason why Cord Cutting can be a bad thing is because we are wasting resources when we are cutting other cords. Also expensive cords tend to be valuable and it looks like cord cutters don’t really care about the cords. Cord Cutting used to be something that was done so you don't risk losing all of your tv programs that you have available to you. Society would believe that Cord Cutting would be a good thing because it would help everyone have easier lives financially. Cord Cutting helps our society worry less about technology for example we worry less about television problems due to Cord Cutting. One way Cord Cutting can affect the rich in a bad way is that the rich people are not going to be so happy that their expensive cords are being cut by cord cutters. Rich people will lose a ton of money that they have and Cord Cutting to some of them would seem to be a method to make the rich people put their money down the drain.
Cord-cutting can really affect me my family and my friends because the cords that we own would be broken and it would take away our complete freedom of having unlimited access to watch TV and using our desktops. Our generation's bills for Cord Cutting are the worst compared to other generations. Cord Cutting is bringing the cable industry to an end. People don't want to worry about cord cutters cutting their cables so they are deciding to stop using cables all together. It is difficult for companies like Comcast to grow because the decline is really affecting their cable company. In 2014 the cable industry lost just over 100,000 customers (Kilne Daniel). In 2017 there was a drastic change where the number 100,000 became the number a million For the number of Customers for Comcast (Kilne Daniel).In 2019 the amount of people that have stopped being customers for Comcast was a staggering 4.6 through 4.9 million.(Kilne Daniel). People who own certain channels are losing money due to a massive decline of using cable (Kilne Daniel).Cord cutters have really made so many changes to the technology environment. In the future we can see Cord-Cutting completely being something that is done so much more then usual. Hopefully cord-cutting can positively change our world and hopefully the vast majority is satisfied with the positive changes.Also hopefully there is not any negative changes to our world. We want to make our world a safer and better place.
https://www.techopedia.com/definition/28547/cord-cutting
https://cordcuttingreport.com/cord-cutting-guide/
https://www.thestreet.com/investing/cord-cutting-hits-epic-levels-cable-comcast-charter-att
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