As someone who bailed cable/satellite a long time ago in favor of OTA broadcast, I'm personally less concerned about the impacts this will have on cable vs. the impacts this would have on cable broadband internet (though I definitely agree with concerns expressed over the impacts of cable).

For cable, we have Netflix, Amazon, etc. as a possible alternative. And I guess for broadband internet, we always have DSL to fall back to.

But Google Fiber can't get here soon enough.