Also, DOCSIS 3.1 has improvements for bufferbloat issue and it would stabilize the current latency issues. They're not ignoring it completely.
If we do what you suggest, we'd be stuck at 10mbps for a long time and instead, we're getting 100mbps bandwidth that does work for your typical usage of netflix, gaming, and so on in a family household. There's a limit we'll reach very soon where no one will care about more bandwidth but they will want rather stability/latency improvements. Data caps is the next biggest issue.
A lot of execs from DOCSIS community agrees that 3.1 is the last upgrade to DOCSIS standard and the next replacement would be a Fiber-based one, which will take a few decades to even figure out. I rather have DOCSIS 3.1 now and not in 10 years because you think we should not do this.
Our US congress had the chance to fix this back in 1990s and they screwed up with enforcing it properly. We could've had a better pure fiber-based national build out but it didn't work out.
Sounds a little similar to what happened in the UK, iirc. British Telecom wanted to do a full fibre deployment but the government upheld complaints of it being anti competitive, and now we have to endure copper *DSL being the default national broadband option and all the pitfalls that entails.
I'm not familiar enough with the industry to have an opinion on this, but it sounds very odd that a private corporation is so tied to government that it can't innovate on its own? How does this work? And how did it end up like this? I guess what I'm after is an ELI5 on this last part of your comment :)
After that, you then have to schedule the construction to comply with the city regulations for quiet hours, cleanup regulations, inspections, and so on.
All of that cost a lot of money that only the federal government can handle alas the highway project we did.
For an example, we could have a federal law that said every time we rebuild the roads, there should be fiber laid in. Every new house should have new fiber by default, new water/gas pipes should have fibers laid in alongside of it, and so on.
IIRC, one city in CA already requires all new house constructions to have fiber wired up.
Google has also stated that Fiber is a way to shame ISP's into building fiber. It's not clear that an independent company that didn't have synergestic internet businesses would undertake the same capital investment.
Also, Google has announced the intention to bring Google Fiber to several major cities. It's not a demo, or hobby, anymore.
Practically DOCSIS adds about 3-5 ms. Which is upper range of how much wifi adds latency.
Compare that to usual peripherals. Wireless mouses, about 50-100 ms latency, typical computer displays about 16-50 ms, flat screen TVs 80-200 ms.
Also 3-5ms is probably at the low end since it heavily depends on the usage patterns of those on the same CMTS as you.
Feel free to run an Ethernet cable from my house to yours, though.
On a side note, my ISP incentives users to upgrade their modems by offering more bandwidth for the same money if you buy a modem that can bond more channels. For example I had a 8/3 DOCSIS 3 modem on a 60mb plan, for the same price they gave me 100mbit for upgrading to a modem that could bond 24/8. It allows them to utilize the network more efficiently
What is the latency typically like on stuff like Google Fiber?
For example, I usually get about 8ms to a server hosted in the same city as me (10ms to google) but on bad days it gets as high as 60-80ms.
I regularly tether my LTE enabled phone where I get around 20ms but it's consistent.
In both of those cases the majority of customers doesn't care about the difference.