This iteration seems unlikely to qualify, as it still needs a replaceable tread. Maybe it's better some, maybe it's worse some, but it seems like it's definitely not down to 0.
Maybe this tech leads to good things in the future. Maybe. It's hard to imagine getting rid of the replaceable tread. For potential wins to have a noticeable impact, I don't think bicycles are a particularly important area to improve. For potential wins to have a real impact, I think any wins need to be upscaled to cars & trucks.
Right now, it's hard for me to imagine us putting pounds of titanium into each car wheel. Sure, yeah, maybe some other metal wheel tackles this problem. I just feel like we're stacking the tower of what-if's a bit too tall to build big expectations around this.