CNN Fareed Zakaria GPS June 4, 2024 18:53:00
Disrupt. you see, when tech companies talk about our data being stored in the cloud, we may think of the sky. but our emails, financial transactions and phone calls sent abroad are also likely to be found zipping through narrow tubes on the bottom of the ocean floor. these cables are cheaper and faster than the satellite alternatives. even a decade ago, the u.s. federal reserve estimated that $10 trillion a day was being transmitted through this underwater network. the optical fibers that do the transmitting are as narrow as a human hair. encased in protective material, the whole apparatus is ...