Why is SMPTE ST2110 so Important?

Why is SMPTE ST2110 so Important?

When:
14 March 2018 @ 18:30 – 21:15
2018-03-14T18:30:00+00:00
2018-03-14T21:15:00+00:00
Where:
Pincents Manor
Pincents Ln
Reading RG31
UK
Why is SMPTE ST2110 so Important? @ Pincents Manor | England | United Kingdom

SMPTE ST 2110 is probably the most important change in broadcast television since
John Logie Baird went head to head with EMI-Marconi for the 1936 Alexandra Palace tests.

Live, real time broadcasts are now possible in the IP domain using standardized systems from the camera to the viewer. Does this mean all television will now become software?