I think it's a strong insight that insight that chip designers and compiler vendors have spent person-millenia maintaining the illusion that we are targeting a PDP-11-like platform even while the platform has grown less and less like that. And, it turns out, with things like Spectre and the performance cost of cache misses, that abstraction layer is quite leaky in potentially disastrous ways.
But, at the same time, they have done such a good job of maintaining that illusion that we forget it isn't actually reality.
I like the title of the article because many programmers today do still think C is a close mapping to how chips work. If you happen to be one of the enlightening minority who know that hasn't been true for a while, that's great, but I don't think it's good to criticize the title based on that.