That's part of the reason I'd find it so funny, yes.

The reason why I consider it a possibility is that LaTeX has two things out of the gate: The technical capability, and a small but arguably rabid user base. It's the sort of thing that can take an early lead but is quite unlikely to sustain it.

But you can't deny that LaTeX has had incredible staying power, despite the list of issues that everyone who uses it has with it.