While latency to the rest of the world is high, the connectivity is actually pretty decent over the last couple of years. For around 50 USD per month I get a 100Mbps residential fibre connection, and I get close to the maximum speed to the US or Europe.

That is not quite the same things as the dedicated connections that AWS/Google would want between their data centres, but it's not the same connectivity issues we struggled with 15 years ago when we only had one or two subsea cables.