Its all about what you use your connection for my upload is 10 Mbps and that allows me to do what i do comfortably how many average internet users need more than 10 Mbps upload?
Arguably, almost everyone, they just might not realise it yet because they haven't had the worst happen and lost all their precious memories.
Most people don't make backups, but they should. I've lost so many photos to CD-R bit rot and HDD failures over the years, I already have about a grand of backup drives now and absolutely do plan to use cloud storage to at least backup "some" of it to a third location, but its not remotely practical to do if I have to limit it to 10Mbit so it doesn't interfere with other Internet traffic.
I lost a PHP script I'd been working on for weeks recently because I accidentally overwrote it with something else. Unfortunately the HDD backup was too recent and it was gone there too. If I had intermediate automated backups to the cloud, it could have saved me starting from scratch. Though to be fair, the files are small enough I can probably do that right now, but for larger files not so much.
Plus I've seen plenty of comments about people who had to kick everyone off the Internet during their business zoom calls, or when they kids were remote learning, because it couldn't handle more than one at the same time.
The fact that only those of us into networking understand how transformative this could be, doesn't mean everyone else wont realise it once its actually available. On the networking forums I'm seeing more and more people dabbling with a home VPN so they can remote in when away from home, where ideally you want as much upload at home as you have download at your remote location.
The big problem with broadband speeds is you don't KNOW it will improve your quality of life until you actually upgrade, and people look at the extra cost and go "meh, its fine as it is".