Not replace but greatly boost. With AR, I used to love passing through the external environment and putting two tv screens up in the ceiling area with CNBC and a podcast, all while doing laundry and tidying up around the house; my net consumption bumped up quite significantly due to the ease and ubiquity of opportunities to consume content.
Just a quest. Watch the first 20 seconds of this [1] and you’ll see the concept. Note, pass through was low resolution and in black and white. Sufficient for doing laundry but annoying.