Remember this is the internet, a hobby, not personal, and only one old dudes opinion . . .
I was trying to come up with a bet that we could both verify like there will be more metal halide tanks in the future than there are now or there will be fewer LED tanks in the future as a percentage of reef aquariums but I couldn't think of something funny and good so I'll just have to state my case.
I have tried numerous LEDs at home the most recent being my hybrid disaster. I also have a Masters degree in Electrical Engineering and way back when in the days when dinosaurs walked the Earth I actually worked on designing microchips using "doping" which involved understanding the nano technology of P-N junctions. I will tell you here and now that LED light will never replace "full spectrum" light sources created by burning gases. The simple physics of how LEDs produce light prohibits there ever being a "full spectrum" LED. Add to that a host of other issues associated withLED light and you will understand why NOT ONE SINGLE MAJOR GREENHOUSE in the WHOLE WORLD except for some crazy Dutch that use LEDs to make roses more red is using LEDs. They do not grow plants or zooxanthellea "correctly". Can they make things grow? Yes. Can they do it the same as full spectrum light? No. Just look at the increasing number of experiments showing how some LED light is damaging to certain corals or certain zooxanthellea.
LEDs will NEVER replace the current full spectrum light sources. There may be other technology that will, but LEDs are NOT it. For people interested in growing plants and corals of all varieties correctly the defects of LED lighting make their use impossible.