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It matters, latency means buffering to start a video, plus rebuffering every time you move to a different point in the video.

> Also, latency probably doesn't matter for 99% of sites, which are already so bloated with JavaScript and other pointless content that processing time dwarfs the connection delay.

Indeed, but then CDNs also dramatically reduce the cost. It is far cheaper to serve an user in Jakarta from a server in Jakarta than from London. And even cheaper if the server is sitting in the ISP's core network in Jakarta.

The Internet as we know today couldn't exist without CDNs.




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