> I believe most browsers do it like that, these days
Nope. Browsers send a byte range request for the whole file (`0-`), and the correspoding time range grows as the file is being downloaded. If the user decided to seek to a different part of the file, say at byte offset 10_000, the browser would send a second byte range request, this time `10000-` and a second time range would be created (if this part of the file has not already been downloaded). So there is no evidence there that any browser would stream files in small chunks, request by request.
> in terms of server memory usage
It's not less efficient in terms of memory usage because the server wouldn't read more data from the filesystem than it can send with respect to the flow control.
> concurrent open connections
Maybe if you're on HTTP/1, but we live in the age of HTTP/2-3.
> Many wireless protocols also prefer large, infrequent bursts of transmissions over a constant trickle.
AFAIK browsers don't throttle download speed, if that's what you mean.