“What it comes down to is, the net has worked,” Cuban said. “We’re not in an industry where the technology has become stagnant and there’s no more enhancements so we need regulation to try to make things happen. We’re not there. And so as long as the technology is allowed to advance, we’re OK.”
Cuban said the uncertainty and legal challenges of having the government regulate the Internet will be enormous, and predicted that it will slow down innovation. He also said there are many unexpected issues that will arise from such an enormous change.