It can show you a notification but not the full text. What is the point of getting a notification if you again have to pick up the phone to read it.
So what is the solution, its quite simple. No new inventions necessary.
Imagine a smart watch with speed reading as a way to show text on it. That way you don’t have to show a lot of text on screen. Just one word at a time, so reading a small sms or a breaking news headline is easier this way.
Check out how Speed Reading works here
But limiting to one word even a small screen can be used to show a lot of text. Small screen means great battery life.
Imagine this scenario, when you get a breaking news alert. You will get a notification on phone which will be a small icon based notification.
When you click on the screen it will show the breaking news headline one word at a time. That way in seconds you can read the whole headline no scrolling or any other touches necessary.