This is an idea I’ve been toying with for a bit. There is a ton of media that includes unimportant information that doesn’t need to be stored pixel perfect. Storing large portions of the image data as text will save substantial amounts of storage, and as the reality of on-device image generation becoming commonplace sets in digital memories will become the main way people capture the world around them. I think this will inevitably be the next form of media capture (photography and video), not replacing other methods/ formats, but I could see things like phone cameras having saving images as digital memories set to default to save on storage.
Have you? Do you understand what MIDI2 offers? What you’re describing is unrelated to controlling synths and samplers. What you’re describing seems more like a mod file system where the samples are generated on the fly and that has all same limits that and generative art does.