> wide address bars wasting valuable space across the top of the screen to display what he calls “URL gibberish.”
That's not "gibberish", in my opinion understanding what URLs mean (or even reading them at all!) is one of the most overlooked computer skills nowadays. If they look like gibberish that's because of:
1. Tracking parameters spam (?fbclid=qwerty)
2. Lack of knowledge that many parts of the URL can (and even should) be skipped when sharing it. So many times my non-programmer friends were astonished that you don't have to paste that ugly part!
Hiding the details instead of explaining them is a way leading to disaster! Many banking scams rely on users not paying attention to URLs.
I think that a better "innovation" would be to have the browser clean URLs from tracking bits without extensions.