Anna's Archive is on the path to this, for written works at least. The main idea is open source code + distributed data in torrents + anonymous contributors that are dedicated to the project.
Its a private-ish (interview required) bittorrent tracker for ebooks.
Very different goals to IA/AA, who see the universality & ease of access as core to the mission. Its more like old-fashioned gated archives at universities & libraries that essentially tried to slow and limit access to their collections to avoid the issues that IA is coming against legally.