Joseph's dream is significant because it marks the start of a series of events that will eventually lead him to a position of great authority in Egypt. The dreams he shares with his brothers are prophetic, hinting at his future leadership and the eventual bowing of his family before him. However, his brothers' reaction is one of increased animosity and jealousy. This tension is rooted in their father's favoritism towards Joseph, symbolized by the coat of many colors, and is exacerbated by Joseph's own youthful enthusiasm and lack of discretion in sharing his dreams.
This verse highlights the theme of sibling rivalry and the destructive power of jealousy. It also serves as a reminder that God's plans often unfold in unexpected ways, using even the negative emotions and actions of others to bring about His purposes. Joseph's journey, which begins with a dream and his brothers' hatred, ultimately demonstrates how God can transform adversity into opportunity, leading to reconciliation and the fulfillment of His promises.