My 200Mb/s DOCSIS cable connection is well below the theoretical maximum, and is good enough for streaming 8K video, downloading a Linux distro in seconds, downloading a game in a few minutes, etc. The social effect of having this, versus 0.1Mb/s connectivity I had before is huge, but greater bandwidth would not greatly change my experience.
If the aim is to improve the lives of as many people as possible, it takes more to justify a more expensive project, than just: it will be faster.
My primary concern as a politician would be which solution can be affordable and adequate for the largest number of people who do not currently have something adequate.