That's exactly WRONG.
New technology almost always starts very expensive, and then rapidly drops in price. The $10K plus large LED TVs of a few years back can now be had for a few hundred bucks. The author is either very bad at predicting the future, or very bad at observing the past.
Agreed. However, the future looks darned silly. I have absolutely no interest in an 84-inch 4K TV. The only reason I upgraded to digital TV (without dish or cable) was to watch the rare major events worth watching, and I didn't need to see the Dems booing God in HD - analog would have been just fine, and I certainly don't want an 84 inch version of that image. Why bother upgrading TV to show higher resolution that serves no purpose?
Television was once a 10inch black and white marvel in a huge furniture quality cabinet. One watched magnificent, informative, distinguished programming. We watched natural, geographic and historically educating programs. Television changed the world and how we saw it.
Today the Television SET is a technological marvel, with resolution so sharp that it is dangerous to sit too close to a set showing a SWORD FIGHT. One could get stabbed.
However, the television PROGRAMMING basically stinks to high heaven. The crap being broadcast isn’t worth the cost of the high tech.