With the correct protocol you can even write to that shared memory. For example a sudoku solver where each tread looks for contradictions and then overwrites the shared states with their findings. This works because there is no contradictions, dirty reads are ok, and there is no contention with all threads writing 0's and nobody writing 1's. You can go even further where any thread can flip the error flag if a contradiction shows up or solution flag if a solution is found, but again it works because nothing clears those flags.
PS: The article's author uses a less strict defintion of lock free where it's ok to use locks for individual atomic operations like counters. But, that still creates performance issues at scale.