A Universal Memory Format

I've just had a great idea (several in fact but I'm working out some of the fine points on the others). Wouldn't it be nice if the world's technology firms stopped their ridiculous little spats and worked together to create a single memory format for all electronic devices? Let me explain how this should work. Let's say you take some pictures on your overpriced Sony camera. You want to show your family the snaps on your Panasonic DVD player. No problemo boss. With the new Universal Memory Format card (UMF if you like those hip acronyms) you can transfer your snaps straight onto the DVD player by simply plugging your UMF card into the special UMF slot. Piece of cake. Happy families. Another example. Let's say you just downloaded some cool tunes off the internet (legal mp3s of course you people). Your mate phones and wants you to come round. Naturally you want to show him your new tunes. So you take your UMF card and plug it into the UMF card on your mate's PC (of course somebody like Apple'd spoil this with crappy copyright laws. So we won't tell them will we children?). Or you could take some snaps on your camera phone and transfer them straight onto your mate's computer, regardless of the make or of the phone or computer. I think this idea's got potential and I'd be delighted to know if anyone's already doing it. It might take some work to get the tech companies to collaborate. Jesus those guys are cut-throats...