Sort of… it is the idea of having a bunch of files that are multiple types located in an organized space. E.g. in your home office you may have papers, but also notebooks, envelopes, cds, etc; whatever you find is useful for storing information. You have them organized on your desk in a way that works well for you. If you need a tool to read one (like a cd will need a cd player) you bring the item to the tool in order to use it.

Modern computers are trying to move away from the concept of a “desktop” or filesystem, and instead you open up the file you want from within the program that you use to open it. It would be like you have all your cds in a big jukebox that you can select from, or all your documents in a big binder, or something like that. They become isolated within the devices you use to read them.

It may be better for some people, but that is not how I like to organize things. Particularly when I want to move something from one device to another.