Yes, I've heard of YouTube. My kids live on it. And it seems to me most of the content is still less than high-def. in fact, tons of it is showing at less than 480p...
Don't recall seeing lossless audio either...
My point is (and I guess I'll have to use an extreme, never happen, example to get through), if 400,000,000 North Americans are all streaming 1080p (or worse 4k) media, with lossless audio, for their nightly entertainment, will there enough bandwidth available for all of us to be online at once, streaming our arses off?
Right now: maybe, maybe not. But even Blu-ray doesn't do lossless uncompressed 1080p video.
I would, however bet on bandwidth becoming available as required.
You can get unlimited gigabit internet in Hong Kong for 30 bucks a month. Google is offering gigabit fibre to the home in some areas.
The core networks are powerful enough, and with fibre, upgrading the bandwidth as required is merely a matter of putting on more powerful transceivers and switching backplanes.
Codecs improve as CPU power improves, also.
In any case - I doubt you will see 4k video streams in the consumer market for quite a long time - and i seriously doubt you'll see a new optical media format to sell them on.
Why? Because hollywood, etc. want to be able to control the distribution of their content. If they can encrypt the video stream (properly this time, third time's a charm?) and have an hardware device at the endpoint de-crypt the data just before display (as HDCP was intended to do) then they will do so.
Shipping such encrypted content on optical media means that once the key is compromised, all bets are off. They can't discard the encryption key without breaking all the optical media players.
Streaming means that they could potentially encrypt every stream with a new key, and send a key update to the device (via firmware update) if required (because the device is internet connected)
The encryption benefits mean that whether or not it will be hard, big media will do what is required to ensure that the bandwidth is there, or that the content fits within the available bandwidth.
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