It's usually foolish to say that we don't have need for more X in computing because nothing today warrants more than X; the thing is, if we have more of X, we find uses for it. Most of what we do can trade space for time, or incorporate things in cache hierarchies; and sometimes quantitative change adds up to a qualitative change because new architectural approaches become possible.

If I could have 1TB in my laptop, it would change the way we at my company develop software. In fact we'd rewrite our product to take advantage of that much memory, the case would be overwhelming; we'd introduce a new tier in our architecture for keeping a copy of the customer's working set (typically several GB) in memory. As it is, we rely on the database and its caching; it's OK, but it can't support all the operators we'd like to support.