Wired, using the subsea fiber cables, your still stuck at a 60 ms RTT minimum from NYC to Dublin. Add in video transcoding time and a more realistic estimate of the networks on either side, and you're looking at latency closer to 200-400 ms. WiFi over this distance actually isn't a significant contributor to latency.
Actually transcoding can be done far below that with consumer hardware. I’m doing Quicksync accelerated transcoding right now for Moonlight and encoding/decoding latency is only a few ms. And Wifi is, by far the greatest source of latency. In fact I can get data to a datacenter a few hundred km away over a fiber connection faster than Wifi across the room (<5ms vs 10-20ms)
In reality it's probably even faster since neither side is dealing with Wi-Fi.