At the moment, everyone in the industry is working to figure out how to provide a viewer experience that is similar, or better than the current expectations of live streaming.
Live streaming is hard. Ultra-low-latency is just as hard.
However, I'm still not sure why we need ultra-low-latency. Will it improve the live experience? Maybe. Aside from live-action sports or significant events, do we as content consumers really need ultra-low-latency?