I'd rather not wait 6+ hours for a game to download or DAYS for a video to upload... Can't do anything else while the data transfer is in progress. You could throttle the program to slow down the transfer, but it's more work
That is true but it's not exactly an everyday occurrence and it is referring to a site that is
specifically for file transfers which I did mention in my post. Using my own experience, I have a gigantic game library and I game constantly but at most, I download one game every 1-2 months. I don't consider the extra cost worth it because the vast majority of the time, I won't see much of a difference. It's like buying a pick-up truck because you tow a boat twice a year instead of just renting one for those specific situations.
As for uploading videos, that's also a very specific use profile (ie. streamers) which is irrelevant to the overwhelming majority of the population. I was referring to normal internet home use, not professional.
I actually had a 15Mbps/1Mbps plan for almost four years and it was more or less fine. If I decided that I wanted to get a new game, I would just get it a day before I expected to actually start playing it and it would download while I was at work (no big deal there). I only upgraded to 50Mbps/10Mbps because my ISP had a special on it for the same price that I was already paying. I just had to buy a new DSL modem so I snagged a new TP-Link W9970 from Canada Computers for $70CAD.
Thus far, I haven't really felt much of a difference as far as normal use is concerned because my biggest common use for the internet is watching YouTube videos. At 15Mbps, I could watch 4K with no stuttering. Probably the biggest difference I've seen so far was when I updated my ATi drivers. Sure, I'll see a huge reduction in download time for a game but like I said, that was never a huge issue for me anyway because I just scheduled it the right way.
If you're a streamer or need an uber-fast connection for something business-related, then yeah, of course it will be beneficial. For most people, the added cost just isn't worth it.
I actually demonstrated this to a friend of mine who was paying about $150CAD/month for 500Mbps. From a pure numbers standpoint, that would seem to be a no-brainer because it's only 3x the price for 10x the speed. However, he was just using it for home use and although he had the capability for that kind of data rate, he only used it (as you say) when he was downloading a game. I only found out about it because he asked me what I paid for internet and I told him $50CAD including dry loop. He asked my how I could pay so little and I told him that I was using a third-party provider at 50Mbps unlimited.
He came over to my place to see how fast that was and told me it felt
exactly the same as his. I told him that for most internet use (browsing and watching videos), even 50Mbps is overkill and I wouldn't have upgraded to 50Mbps if I had to pay more for it. He has since switched to what I have and is really happy to have that extra $100/month to play with. He also likes the fact that there's no data cap. His 500Mbps internet was capped but I don't remember what the limit was.