I've said this before - there are some people who post here that know a great deal more about a given subject than I do, and I defer to them when navigating subjects which happen to be their areas of expertise. That doesn't necessarily mean that they're always correct, just that I can learn a lot by listening to them.
IT will continue to grow exponentially for the foreseeable future as more and more becomes available to consumers. Home entertainment, online banking, web browsing, public school systems, medical centers, business parks, etc, etc, etc will continue the need for ever-increasing speed and capacity.
None of this was available when telecommunications was run by a single, monolithic corporation operating under government regulation as if it was a utility. The best thing that could have happened was the divestiture of 1982, because it broke up the federally regulated monopoly and induced competition into the industry. The resulting development of telecommunication technology is literally what has brought us to the point where we are today - Verizon, AT&T, Sprint, Comcast, and all the rest all vie for our business, and to win it they need to offer more, and charge less for it. You can't get a better model from the consumer's point of view.
Net Neutrality is among other things, a way for the federal government to gain access to the industry itself. Federal regulation imposed under the auspices of fairness gives them the ability to both levy additional costs via taxation, and content control via regulation. It was the fact that they were not broadcast but sent via closed circuit cable that adult channels were first able to appear on cable TV back in the late 70's & early 80's. That never would have happened if that content could only have been sent over the airwaves. Federal regulation will always eventually equate with taxation and content control, and federally imposed "fairness" standards will always impede the growth of the technology.