I couldn't say this better myself. I might make arguments for repealing net neutrality but in the end I don't support the repeal because of this. I know I will most likely benefit from the market effects and can ride it out with 3 internet providers already in my neighborhood. I don't think the majority of the country is in this position. 5g wireless for homes will only come to market where the population density make sense. The one providers who are in less populated areas now will most likely be the only provider for years to come.
The internet isn't like electrical, gas, and landline utility services, which are essentially fully mature industries whose distribution networks simply need to be maintained and occasionally upgraded over time. The inevitably slow, constraining effects of government regulation and oversight can move at their normal snails pace without doing too much damage because not a whole lot changes.
In contrast, the internet has been a rapidly growing, expanding, and improving phenomenon that has developed during a free market period when federal regulators lacked most of the legal power to regulate them. Yes, growth and development in the free market can be "chaotic" at times. But that free market also fosters lightning fast responses to consumer demands and preferences, rapid growth and improvement, and large scale investment. When someone starts to screw over consumers in one direction, alternatives eager to compete for those dollars spring up almost immediately. Competition for consumers is fierce, and when that happens, consumers are almost always going to be the biggest winners.
Once you cede to government regulators the power of control, that power will
inevitably increase over time. It is the job of regulators to write regulations, and by damn, that's what they're going to do. And that will introduce into what was a vibrant, freewheeling tide of advancement a slowness, and
fiated unpredicatibility, both of which are huge turnoffs to investors. The regulators will never be able to keep up with the pace of advancements and activities in the private sector, and so their regulatory function will be inherently skewed. That also opens the door to crony capitalism and favoritism, which doesn't happen when the government doesn't have the power to pick winners and losers.
You have to balance the certainly or steadiness you believe you are gaining with the likelihood that you are going to be suppressing innovation and necessary corrections/actions by competitive players in the market.