The idea of stories that interact with our choices from the Douglas reading is awesome. Not just ‘choose your own adventure’ style, but a book that is different each time you read it. Until now this was impossible, as books are bound in their physical form, paper etc. But hypertext opens a new possibility for this. Hypertext does not take up space, it is just available to be chosen and redirect you to another piece of writing. But the idea still needs to be worked on, and many stories will probably not lend themselves to this format well. Still, it could be something interesting to explore. It would mean that the ending is different all the time, or this could potentially create stories with no ending. What would that be like?
However, people enjoy reading for more than just interactivity, so this hypertext style of storytelling replacing the book altogether is highly unlikely.