It doesn't have to be consumer hardware to be economically viable. I can imagine something like this replacing or complementing tape storage at data centers. We already have hard drives filled with gas for dust-proofing. For archival storage it does not have to be fast (in terms of latency) it just needs to be reliable with high data density.
Hard drives where the size of a car decades ago, we could now have archival storage of the same physical size that can hold petabytes (just guessing, didn't do the actual math).