There are millions going to into the promotion of new domain extension and products with costs of 100m+ are being promoted on new gTLDs. Some billion dollar companies are already on gTLDs. Do your research.
Too many here on NP are stuck in the past, believing gTLD will not affect their business. It has and it will. NET and ORG are already seeing less sales. At least the names you and me are trying to sell (I am not talking about gems like malls.com, teamwork.com, business.com, etc.) have lost in value. Names that used to be in the 20 to 30k range will be very difficult to move in 2017 and beyond and everyone who still owns such names then will notice changes in the way they can negotiate with other parties.
This has a great impact and we're already seeing corporations complain about gTLDs so much that they want to sue ICANN - so don't tell me the impact is low. On a scale of 0 to 10 I would rate it a BIG 8. It's huge and a huge opportunity for this industry.
Lots of vapid speculation and gross exaggeration there.
There may be 'millions going into promoting new TLD's', however if we added up all the entirety of all commercial dollars spent that involved advertising a .com domain name since the advent and rise of commercial internet, it's probably trillions (with a T and a S).
Companies that want to sue ICANN about new gTLDs has absoltuely nothing to do with the marketing importance of the new TLDs, everything to do with some of the TLDs being nothing more than an IP shakedown racket where brand owners feel compelled to register their
www.brand.whatever (which was much more financially manageable in the old era but is much more difficult in the era of rapidly expanding private-interest TLD spaces that are predictibly involving the same morons we see registering
www.AMicrosoftSite.info doing the same in whatever .trash they have a 'hunch' about, which gets costly to run down across a sea of new TLDs)
Its not a huge opportunity for anyone but the operators, and the most interesting part will be when some of them start going bust but their operations are worth less than the costs to ICANN and manage them. What then with the few bozos who registered domains in those ridiculous extensions? Does ICANN then take over 'orphan' TLDs? Expect to see that coming in years to come.
I do believe this is probably a long term paradigm shift, but outside the scope of my own lifetime (and yours too). Common to all naive believers of irrational 'radical change' is this unfounded notion that anyone who points out they're off-base is just 'stuck in the past'. It has nothing to do with being 'stuck in the past' as much as it does some people have enough insight to forecast the future better than you.
I've had this conversation time and time again in the domain space with .co, .tel, "3d Domainers", etc. None of them listen, "this time it's different", "you're just stuck in the past", etc, etc, etc, until they finally get pounded out by renewals (usually year 2 or 3) and they just quietly vanish from the domain space all together.