“Further, the system would not require users to toss their current computers or force service providers to create an entirely new, separate Web. Rather, it would be an evolution of the existing Web, using much the same technology. “

— David R. Baker
No, but it would require that more people out there are out for something more than just to make a buck. The majority of people offering information and services on the Internet do so in the simplest manner which will bring in the most revenue with the least work.
Ask them to improve the experience for the customer? Yah. That ccould happen.