Over time, Google Fiber hopes to spur a new wave of technological innovation, from telemedicine to cloud computing, that can capitalize on its network's ability to stream high-definition videos and transfer large files. Indeed, some believe Google Fiber is so powerful that it will improve education technology and transform how businesses operate.
Internet video streaming, in particular, seems ripe for new applications. Google Fiber's emphasis on Internet-TV technology may also spur a new way to use apps, which are now primarily developed for computers and mobile devices.
that's quite misleading. Fibers Goggle tries to install is not any different or unique fibers from ones with AT&T or Verizon(fMCI). Also, Google wouldn't be able to have their owen fiber in entire nation(nobody can), they will end up leasing fibers from other companies.