I just watched the video -- I didn't know of it and it is certainly very interesting and provides much food for thought.
From the perspective of someone who teaches, I could relate to parts of it: particularly the decreasing ability to understand student's questions. From the perspective of someone who was a student, though, I do remember learning during lectures: perhaps not in all courses, but certainly in some which I still remember fondly. These courses were usually lecture-based; although in one case the lecturer would ask questions to the students all the time: picking a starting person and then moving systematically along the audience. This used to instill the "fear of God" in some people, but it meant one had to be on top of the material. I enjoyed that and, in fact, it boosted my confidence.
Now to answer the question, in the University of Edinburgh (where I am based) we started a few years ago to teach some of the introductory courses incorporating some element of Peer Instruction. I personally have not taught introductory courses for a while, so I cannot say how this is panning out. The School of Physics (I'm in Maths) has been teaching the first-year introductory course using Peer Instruction for some time now and they seem to be very happy with the result.
I wonder whether some variant of this method can work for final-year courses, though.