Wi-Fi replaces LAN in 99% of cases. It runs just as fast and stable. Exception: gaming and UHD TV etc.
People also don’t install telephone sockets in rooms anymore...
following situation:
Wife streams Grey's Anatomy in UHD on the TV.
Child 1 watches 4K YouTube on the phone
Child 2 Skypes on the iPad with a friend in Australia
Child 3 is on TS gaming a round of Fortnite on the laptop
The oven is currently downloading an update, 2 Alexas are humming away, and my four outdoor cameras nervously film passing sparrows, the two indoor cameras watch the cat suspiciously.
I enjoy the peace and want to game myself, and Steam starts the 10GB update.
Nothing happens in my house. Everyone is happy, I grab another beer and go pee again, then the game is downloaded and we can get started.
In your house the wife starts yelling because Dr. Slone begins to stutter, Child 1 suddenly only watches videos in 160p and shouts loudly "DADDY!!!", Child 2 only sees pixelated mush and jumps off the bed stubbornly heading to the basement to you, Child 3 throws his laptop against the wall as the ultimate rage quit, the oven reports an error and will no longer turn on because the firmware crashed.
And all just because you were too stingy to put some CAT7 in the wall?