No, that's not a typo. Yes, those are real life people from 1993. This video is fascinating.
As YouTube Pedant explains, this footage was captured from a D-Theater HD DVHS Demo Tape by Techmoan. But why does it exist?
"In 2002 D-Theater launched in the US - the dealers needed a demo tape of HD footage. JVC reused some HD video that had been shot as a demo for the Japanese HD market back in 1993," YouTube Pedant says. "This footage would have most likely been originally used for a HiVision MUSE Laserdisc demo."
Proof that it's 1993 (besides the fashion and the fact no one is staring at their phone)? The ads in Times Square for a Radio 501 CD, and Paper Moon playing at the Marquis Theater.
It's likely the footage was shot on a HDVS camera like a Sony SONY HDC-500 attached to a HDV-10 portable recorder - which recorded on UniHi 3/4-inch tape.