Major improvement is latency, which not only enhances existing application experience significantly, makes development easier by removing lots of concern, but it also enables completely new tech that has been stopped because of the latency profile of earlier tech.
What you're propably thinking of is the smallest use case like a webpage (which can still significantly be sped up) or a video. But have you though about loading several GiB sized app for just product demonstration purposes on the fly? The things fast connections enable can be hard to even imagine. You could have an entire VR/AR experience where-ever you are
Increasing the speed of the hardware can bring advances but it can also exacerbate the problems that we are already feeling with this hyperconnectivity.