Well, here we go again. For well over a decade now, someone will come along every few months or so and claim that the internet is about to be overwhelmed by traffic and will collapse.
However, these predictions never seem to come true, and when you dig deeper, you almost always find that the reports misinterpret some data. In fact, when you get down into the details, you'll almost always find that the technology guys say there's little threat of an internet collapse -- but the policy and business guys will often state otherwise.
So, take with a large grain of salt the latest research report claiming that the internet will collapse by 2010. Thankfully, Broadband Reports quickly picks apart the report to note that it was funded by the likes of AT&T and Level3, and it's being supported by a group whose job is to lobby for laws that help the telcos.
For them, it makes sense to promote the idea that the internet is about to be overwhelmed, so that regulatory subsidies are put in place to help these companies pay for the type of infrastructure they know they need to invest in anyway.
In other words, don't worry about the internet collapsing. Worry about telcos trying to squeeze the government for more taxpayer support (as they've been doing for years) to pay for expected business expenses.