Before switching to 1Gbps fiber, I had 100Mbps and I frequently noticed that Zoom would lag when 2 people were streaming at the same time. There were enough situations where 3 clients simultaneously needed more data that introduced latency.
You might say "low compression, high quality video", true, uncompressed 1080p50 can be 3Gbps, but there's no consumer device available or planned that can handle raw video delivered in this way. You can easily compress HD video to 45Mbps and it's indistinguishable from the source to the average consumer. 4K at 150Mbps is easily done and again, most TVs and STBs cannot handle that kind of input. You'd literally need new silicon to be designed for most consumer devices to be able to do this and no one is starting that process.
There is an argument that low packet latency is important, but in reality more than 95% of people access their broadband over WiFi which negates most packet timing arguments.
There's arguments about VR, but all evidence is that VR is still not getting market traction, despite what Meta wants.
Sure, I can't predict 20 years from now, but there's nothing on the horizon (for consumers) that will stretch the current ultra-fast broadband for the average consumer. Power users are an exception and should not be the basis of business decisions unless they are paying the premium. We're fortunate that gigabit exists because of the competitive nature of the environment, it's not really about meeting consumer needs.
Multiple studies by companies whose business it is to care, have shown that consumer engagement in viewing caps out at 1080p60+HDR, beyond that most people don't care. Sure, marketing creates hype and demand around bigger numbers, but when people are actually watching, they don't actually get more involved in the content above 1080p+HDR.