I think that we have made massive strides in the last ten years. First of all, consumer hardware is obviously much, much more powerful (certainly powerful enough to render everything shown in the video, although perhaps not shaped as elegantly). The Web and the cell networks have provided a lot of this interconnectivity. Wi-Fi has emerged as well; with laptops and cellphones, many of these things can be approximated already. It's just a matter of taking the extra step to make them available and easy for the average person.
I know there is the iphone and other such things but most people I know can only afford the basic plans on phones let alone a fancy 200 dollar phone.
But if I was wrong that would be a really interesting world to live in, one wonders how lazy one would get and if it would follow pixar's walle.