Of course it’s going to be a tech boom! However, it’s not going to be competition for the few dollars that we’re spending now. It’s going to be a boom, and competition for a bigger slice of the household budget.
Even if the overall cost of bandwidth actually drops by half, we’re still going to wind up paying double, because with the goodies on the horizon, we’re going to be using four times the bandwidth as individuals.
And I’m more optimistic than most about the future of local storage, which is going to have marked effect on the amount of bandwidth used.
Finally, and even though it only loosely pertains to the subject, this needs to be said: Cloud is a marketing term for internet. ;)
To make it practical for dabblers, it will have to go to discounted metered models. I’d like to be able to see videos at full speed, but not all day and all night.