As an intellectual exercise, there is no reason why you couldn't brew a flavourless yellow fizz beer, but it would be a challenge.
You would need to choose a nice pale lager malt, add some kind of adjunct, like corn or rice (maybe sugar in the boil) wave some hops over the kettle at 60 minutes and ferment it cool with a neutral yeast.
The most important part of the process would be fermentation temperature control and that is where most homebrewers are bang our of luck. I have a dedicated fridge with an external thermostat which I use to ferment my beer, so I can make sure that the beer will not deviate more than 1C from the temperature I set, while it is fermenting.
To really make a macro fizz you would need to use a true lager yeast and ferment it at 10C for a while, but raise it to 16C for 48 hours towards the end of primary, to reduce diacetyl. When primary fermentation is finished, you have to drop it down to 0C or -1C for several weeks of lagering.
This method requires quite a bit of brewing know-how and some pretty expensive equipment; neither of which is likely to be in the possession of someone who would actually drink this beer.
I for one would consider this to be far too much hassle to go to, to make a beer that tastes of nothing. I most certainly wouldn't fancy tying up my fermentation fridge for the weeks it would take to produce it.
The closest you will get in my house is a lightly flavoured blond ale, which most lager drinkers find quite drinkable.