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We're planning to build and test ultra high-speed broadband networks in a small number of trial locations across the United States. We'll deliver Internet speeds more than 100 times faster than what most Americans have access to today with 1 gigabit per second, fiber-to-the-home connections. We plan to offer service at a competitive price to at least 50,000 and potentially up to 500,000 people.
The National Cable & Telecommunications Association, which represents cable operators, noted in a statement that cable operators have invested $161 billion over the past 13 years in Internet lines, and said that they "look forward to learning more about Google's broadband experiment."
A great bargain for consumers! I am assuming deep packet inspection and logging of every site/URL you ever visit will be included for free in this amazing deal, right?
But let's face it - TODAY only very few services can fill up that bandwidth. Video comes to mind, online backup solutions, file sharing, online editing of files (e.g. remote Photoshop). But then? What else?
Everything else like Buzz, Orkut, Knoll, Voice, ISP, Books, Groups, Wave etc.... FORGET ABOUT THEM.
The only way they can continue to grow is to develop new things. Some take off, some don't. Working only on what they have would be a bad move(although they could definitely use better customer service for Adwords/Adsense)
To me, as long as people are going to use the internet as way to find information Google will succeed... a lot. Right now, I don't see people making any sort of shift away from that.