Yes, and it's great!
Finally, the semantic web is here. This means that from now on, the search engines won't have to guess what is the content of the (our?) web pages. The answer will be there, behind the scenes.
Technically, we (the web developers) will add new properties to our HTML tags that will describe the content of the text. For example, you can add a property to your DIV or SPAN that will tell the search engine that this is an article, creative idea or a critique.
What is the meaning of this for us, the web developers or independent bloggers? That depends. If you want to make your blog (or site) to appear in more relevant search results, you should add these properties. Yes, you'll have to manually edit your HTML or to make a template. Of course you don't have to do this.
For those who want to have a deeper understanding of this subject, go to the common standard site - Schema.org