Take, for instance, the "Yes, let's all go back to coding in assembly!" line -- The thing is: For a really really long time after high-level languages had become mainstream, you really did still have to know assembly to be a programmer, even if you did most of your work in, say, C, or Pascal. That's because compilers for high-level languages and their debugging tools were initially a "leaky" abstraction. When your programme failed, you had to know assembly to figure out what went wrong and work your way back from that to what you could do in your high-level language to fix the problem. Nowadays, compilers and debugging tools have become so good, that those days are mostly gone, and you really don't need to know assembly any more (for most practical intents and purposes).
But the problem we have today: We pile on layer upon layer upon layer of leaky abstraction without ever giving it the time it needs to mature. We're designing for shortening the amount of time a developer spends on getting something done, under the completely misguided assumption that the developer will never leave the "happy path" where everything works as designed. This is neglecting the fact that a developer spends most of their time debugging the situations that don't work as designed. Usually, if you make the "happy path" time more productive with a side-effect of making the "unhappy path" time less productive, that amounts to a net-negative, and that's the big problem.