I strongly disagree with a lot about this quote, even though it comes from a brilliant man I highly respect (my thesis research was inspired from some of his older work, and in my job we work with techniques he developed around deep learning). What I dislike is it utilizes hype to make deep learning seem mystical; in actuality it's a natural extension of old techniques that clearly fall under "machine learning".
Deep learning is a neural network with 3 or more layers instead of the 2 layer networks that were developed in the 1980s. People tried 3 layers back then, and they didn't work well. Yann LeCunn and other researchers found cool ways to get 3+ layers to work in the 90s and again in the mid 2000s. More recently, researchers have just thrown a ton of data and computational power at them to get them to work. But fundamentally this was an extension of established techniques. This article that recently hit the front page actually breaks it down really well: https://blogs.nvidia.com/blog/2016/07/29/whats-difference-ar...
I think my main point here is that deep learning is quite accessible to people who are learning machine learning. It's great at solving some really complex problems (that can certainly resemble true intelligence), but is not the right tool for other problems.