The big problem is the monopolistic power of the cable company. The burbs at least have the FiOS option. The incumbents have their fingers around your throat and can squeeze as needed to establish prices and advantages they want. The us congress and the FCC have established this regime. Except for some occasional window dressing, the incumbents own the FCC and congress. The only likely way out is where the users own the last mile infrastructure.
On the issue of what is adequate bandwidth, there really is no excuse for the limits we see today. There are applications that need it. The technology is and has been available. We don't see it for incumbent business reasons, maintaining scarcity (which dissuaded sharing) and price leverage.
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