Its setting Australia up for future tech, UHD streaming, Holographic video, online universities, we cant just be happy with the minimum its like the comparison with if people were happy with horses why bother with cars.. Its going to take a few years to roll out and then has the staying power for a long time, 5-10 years maybe more. We didnt need our current speeds 15 years ago.
Nothing like an argument that contradicts itself. Broadband speed has nothing to do with preparing for future technology. It's simply a catalyst that at any point in time has to keep up with the demands being placed on it. The demands on the current infrastructure are more than it can cope with but that's due to outdated technology such as slower rims and copper backhaul but that is currently being upgraded. As I mentioned, that takes time. To use your analogy, people didn't one day stop using horses and suddenly start driving around in cars that were created overnight on roads that took decades to develop. It took time and was a gradual upgrade. Not only that, when people did move to cars they didn't spend a fortune on a car in 1950, wait 8 years for it to be built and then take delivery of a car that was 8 years behind current technology when it was finally delivered. Technology and infrastructure should be progressive in the same way, fast enough to keep pace with demand but gradual enough that it can change with developing advancements.
If we didn't need our current speeds years ago, why do we NEED them now? Yeah, super fast internet is nice to have (I know, I have it) but it's far from a necessity. It's more about what makes our lives easier, more convenient and to some extent more enjoyable. But I would never call it a NEED.
The NBN is AT BEST 8 years from completion but more realistically 10 - 15 years away. NOBODY can predict what is going to happen in that time frame. One thing is for certain though and that is that technology we haven't even dreamed of will be invented. Ethernet over Power will become much more mainstream and stable and then everything will just come into your house over your existing power lines (with new, not yet developed equipment at each end).
The NBN would be good if it could 100% be implemented NOW and finished within a year. It's the best of what network infrastructure is available for us NOW and not going to be the best once it's finished being rolled out. In fact by then it will be outdated. Which is why the amount of money being spent is a ridiculous waste. Spends less, upgrade in stages and continually adjust for technological advances - that's the way it needs to be done. More regulation is needed over how Telstra manages and upgrades the infrastructure though but that's a lot easier and cheaper to mange than rolling out an entire network that will be antiquated by the time it's finished.