I talked about live streaming last fall, and had high hopes for it. Facebook is a dedicated section on their web browser version for live streaming, and it's pretty easily built into the Facebook app. YouTube has live streaming, although I'm still not sure how the average user uses it. Snapchat is sort of "live", from a certain point of view. Basically, social media is embracing live streaming.
Picture this - it's 2019. You have the iPhone 9 or the Galaxy Samsung S9 phone. You are on a 5G LTE network. Your smartphone has a 8K resolution camera. You are at a concert, game, or other cool event. You'll be able to live stream this event, to anyone you want, and the viewer will get to watch this event in pretty darn good quality. This is going to negatively affect the big sports networks. Why would I pay extra for sports channels or sports packages, when I can watch stuff for free being live streamed.
I can only imagine the damage control big networks will try to do to prevent people from live streaming so they don't lose money.