What do you mean exactly?
Yes, I'm currently looking into audience participation for example. Writing software and developing new technology to work with a more interactive environment. I can't talk about my specific project though.
It's totally possible though, and you would be surprised at just how much we can do with existing technologies. What I'm suggesting is that we just haven't really created many, or implemented these new ideas into action. There are some examples and new work is being done all the time... but we're not quite there yet. Only a few years away though.