Hmm, to some extent, certain assumptions can be achieved.
A lot depends on where it starts.
I’ll tell a little story.
In a previous life I was a bit involved in Amateur Computer Networks and later in running a very small ISP. Later, however, I watched the evolution of some networks.
I have also seen the rise and fall as well as the transformations of the little ones IX.
The model that has survived the years against the background of various others is consolidation. Small ISPs and very small ix united under one legal banner and started buying volume as one.
Started buying dark fibers as well as leased links in DWDM/CWDM tracts from suppliers in the area, through one central point in major DC they started buying from Tier1 like Level3, Telia and others.
This meant that even a small local ISP was able to have a very good price per Mb in good quality. And this allowed some to survive in confrontation with large corporate ISPs who often take individual clients for worms.
Building and maintaining a small IX and connecting to it has a lot of limitations for local ISPs due to the type of traffic that clients generate.
You can have 100 participants from IX but the local small ones do not generate any significant traffic volume among themselves. Transit via T2/T1 upstream and not local peering is important.
The big ASs will never agree to an exchange whether it’s a direct link or through some IX.
There are quite a few IX’s in the world with big Tier 1 presences, but just because you connect to ix won’t give you that route to them via ix. You still have to push traffic through the upstream.
In matters of IX and in general various concepts, nothing particularly new was invented. The problem is the cost for small networks.
I saw a large number of small IXs that were created with great joy, and died very quickly because they did not make much sense, unfortunately.
At the end of the day, it’s all about money. And no one will spend money if it’s pointless.
IX exist and will exist, new ones will also arise and others will disappear. In general, only those who have a sense of existence and thus rationalize the fact of spending money will survive.
The problem of scale, the smaller the network and the greater the distances, the worse it is financially calculated.
We have to ask ourselves what we really want to achieve.
We want to create a purely ideological IX or something that actually has a technical and financial logic behind it.
My experience shows that the consolidation of small entities and acting as a group allows you to achieve your goals.