Compare 1960 to today:
Cars are a bit faster, a bit safer, higher in quality and a lot more expensive.
Houses are much bigger, a bit more efficient and enormously more expensive.
TVs on the other hand, are dramatically bigger, dramatically more efficient, dramatically more powerful, significantly more reliable and way cheaper. For $300, you can buy a 49 inch TV that would have cost a million dollars in 1960.
What happened?
Cars, with the exception of new electric drivetrains, are basically the same thing they were, except designed with computers and assembled by robots.
Houses, with the exception of some prefab edge cases, are still assembled by hand, on location, by skilled workers. And they went up in scale because real estate prices and income inequality went up even more.
But TVs–they made a leap. A leap from analog to digital, a leap from tubes to solid-state. Moore’s Law is at work on your television, but it’s been largely shut out of the two largest purchases most people make.
When you see computers and networks show up in an industry, it’s easy to predict what will happen next.