The fight over net neutrality was supposed to determine the future of the internet. Advocates of net neutrality warned that repealing it would lead to censorship, higher costs, and the collapse of an open web. But nearly a decade later, those predictions never materialized, and the debate has taken on new significance as broadband, 5G, and AI become central to economic growth and national power. What was once treated as a moral emergency now looks more like a case study in regulatory overreach and political panic.

Ajit Pai, former chairman of the FCC, and current CEO of CTIA, joins Drew Holden to revisit the net neutrality battle and assess its legacy. They discuss why the backlash became so intense, what actually happened after net neutrality’s repeal, and how the policy shift affected investment in broadband and wireless infrastructure. They also explore the stakes of today’s telecom landscape, from the race with China over 5G and role of spectrum in AI development, and consider what it will take for the United States to maintain its technological advantage.