I hate to admit it, but there are some unbeatable arguments in that video. Some points could be overlooked, but others are depressingly accurate.
Would have been nice if he'd added something a bit more constructive as well however. I agree with much of what he said but I don't think that should be the basis to completely ignore and write off the idea or the problems it attempts to solve and/or progress it tries to make.
Its pretty easy to rip apart an idea like that, much harder to make significant contribution to progress.