Families can have multiple kids taking online classes while both parents are also working remotely. Many families have multiple devices per person that can be streaming, downloading, OR UPLOADING (commonly the aspect shortchanged in residential Internet) which, at times, can easily saturate a 1Gb connection.
We always need to advance because others are too, and services demand greater speeds in returb. It's a bit of a race, but no need to claim it's useless. We can do things now that were unthinkable before due to such advances.