That latency in sound has always been a considered aspect on big concerts. Most of the effects (or artifacts) of the latency can be heard by ear as well. Earlier they might have calculated it themselves and set things so, or listened to the sound and adjusted by ear. The calculation is not that complicated, sound travels 1m per 3 milliseconds in the air, that is the latency. Every project you do, where latency can cause an artifact, you need to place or delay things according to that calculation. The only difference is that he is using the computer now instead of doing the calculation on his own. But you could do that as well: you measure the distance, calculate how much each speaker is late until the sound reaches you with the mathematical formula I mentioned, and then you set the knob yourself to that latency value that you calculated. To set it properly, they have some old well known schemes that is circulating in the sound engineering science for decades. They know in what situation you can expect the delays, which directions, which speakers. Sounds a bit complicated but actually it is not, and if you know the schemes, you set up things fast.The other thing: you can see a lots of stuff in front of that guy. In Digital era, the latency problem in electronic devices became more serious. So I have a suspicion that if you use less stuff like that in a concert, and those are analog, a part of the problem is already eliminated. I am not sure about this, but earlier artists had less problems with latency than in the era of comupters. For example if you had an old multitrack tape recorder and recorded something, that had unnoticeable latency, however if you buy a USB soundcard for windows, it can easily happen that you cannot record with it properly because of the huge latency, that you might not be able to eliminate, depending on the device you use. And just something interesting: if you are 100m from the stage, that is 300ms latency. It can happen in a big arena. While we are talking about milliseconds, 300 milliseconds of latency is easily detectable even by kids. If you transform that to TV: imagine you are watching a movie, and the sound comes that late, you will see the sound and moves are not it sync. The same happens in the arena: you see the singer singing, that the sound is coming well after they finished a sentence. Just to compare, for film, the allowed latency is 22 milliseconds.