I can't see the video from my phone. However, back in the 20s, there was minor development of a speaker using gold foil similar to this.
No joke. A lot of very innovative stuff went on before dynamics took the market.
Electrostatic speakers have been known about for decades, but Mylar and other diaphragm material weren't known. Ribbons, too. But permanent magnets weren't good back in the day and electromagnets were damn expensive. If it weren't for that, ribbons might have taken the place of dynamics. Same with the Singing Arc, or plasma speakers. Those have been around forever - plasma lighting was in use in Paris and New York in the 1870s even. We've known that modulating a plasma arc produces sound (that is lightning, after all) for a long time.
Anyhow, this might not be a joke. The gold foil speakers were abandoned due to extreme fragility. But this sort of thing has worked in the past.