Update: The FCC voted to re-classify broadband under Title 2 of the 1934 Communications Act.
On Thursday, the Federal Communications Commission plans to vote on new so-called Open Internet Rules. If the vote passes, the new rules will classify internet service providers—both broadband and wireless—as common carriers under what's called Title II.
What this means in english is that the FCC will be able to regulate internet companies, making sure they deliver all data from the web to the user at equal speeds. This would be a big win for net neutrality advocates. The most famous of them being Columbia University Law professor Tim Wu, the guy who coined the phrase in the first place. So what does he think about all of this?
Click the media player above to hear more.