I stand by that statement for the foreseeable future. If you look at how technology and the internet has changed in the past two decades, it's going in the opposite direction of this video. This reminds me of Flash in the late 90s, early 00s. There were countless extravagant sites with 3D elements during that time period, and they all died to make way for more efficient user experiences to consume content.

This technology has lots of interesting use cases, but what's demonstrated in the video isn't one of them.

There were probably more people making 3D storefronts twenty years ago than there are today.