No. It failed for Sony, and cartridges have been working fine for Nintendo. Besides, they have a much, much larger capacity now at affordable prices, compared to the past. Also, cartridges are infinitely more user-friendly than discs, especially for kids and the elderly, and those are a big part of Nintendo's demography.
Nintendo Network ID: Cheebee 3DS Code: 2320 - 6113 - 9046