kiteboy dave said..www.ibm.com/au-en FTTP the backbone of a trillion dollar economy by 2050 says IBM.
Staffer, Macro, your position is so shortsighted.
Isn't that fantastic news ?
From now on all tourist could arrive virtually , to watch 3D holographic 8k HD webcam video : all our beautiful beaches online trough this ultra fast, fibre optics, just sitting at their tight apartments in HK. New 8k HD TV has inbuild fan to simulate our sea breeze , and micro nozzle spraying salty scent.
Word "surfing" will have complete new meaning.
No need for airplane travel, our hotels, more meals for us, littering our beaches with rubbish stops.
The same saving on for University dormitory, all student just arrive for an hour a day for videoconferencing lecture.
As for medical services even better. Simple gastroscopy or rectoscopy was usually performed by 1 meter long glass fibre. This time patient must handle 8,000 km long insert. I am sure they could accommodate that.

1 trillions $$ becomes by then (2050) worth 1 billion $$ in nowadays money taking into account galloping inflation stimulated by enormous debt.
IBM will be delisted from NASDAQ by then and bankrupted 3x after unsuccessful government intervention, so nobody to sue for misleading article.
Kiwiland by then will be incorporated into AustroZealand and we will be obliged to supply fiber end to every Kiwi dwelling on the same basis as to equivalent Australian. That will stretch a bit under Tasman Sea and ping will be a bit delayed.
New ATM machines will be able to spit out your money at lighting speed.
Older glass fibers could be recycled for drinking straws and now you will be able to sip your favorite VB straight from Victoria brewery directly

Bad news for Gina although as we no longer need to export our iron ore to China. In 2050 everything will be made of glass fibre - and for that sand is needed - Middle East will have their second chance to rid of Saharan desert.
I am sure that IBM prepared the same article with word AUSTRALIA marked as a variable $X that could be substituted with FRANCE< ENGLAND< GERMANY < ETC in order to sell the same ***it to every other country on the planet.
Everybody will get 1 TRILION just buy out fibre now !