Internet to peak by 2010?

“In only three years, 20 average households in the US will generate more online traffic than the entire Internet today.”

This was a quote from an AT&T spokesperson about the future of the internet. Due to increasing bandwidth speeds, internet users enjoy video streaming and quick transfer of huge files. However, AT&T claims that the internet’s structure will reach full capacity by 2010 unless large investments are made for its expansion. They project that the cost of this expansion will be 55 billion USD for the US network and 130 billion USD worldwide.

This seems like a huge exaggeration, but there is no doubt that there will come a point in the future when network expansion has to be done if current trends continue. Right now, most analysts concur that this will occur sometime between 2016 and 2018.