Earlier quoted context omitted.
I think the pendulum DID swing, as The Cloud became more popular and connections became radically asymmetric with very slow upload.
10 Mbps upload is plenty fast for hosting things like websites and web apps.
Likewise with backups, each photo is ~40 MB for RAW files, so 10 Mb/s can take all day to backup a couple hundred photos.
That's without even getting into video. Off the camera, video files are ~200 Mb/s. Backups of the raw footage take forever, and sharing at the original quality is a non-starter.