The speech is about software (and laws) not being able to properly limit software, and that as long as we have “General-Purpose Computing” (aka. PCs or hardware/computers that you have access to) we will not be able to properly limit software. Cory just didn’t think as far as the solution 15 years later being to move the hardware on which your software runs away from you.

It is quite tragicomic how we went from mainframes and terminals in the 60’s to GPC/PCs in the 90’s and now are moving back to cloud (aka. mainframes and terminals but on a global scale).