I suspect what he's getting at is having some set of "safety standards" to be put in place, especially for IoT tech. The whole quote of
>Our computers are secure for a bunch of reasons. The engineers at Google, Apple, Microsoft spent a lot of time on this. But that doesn’t happen for these cheaper devices. … These devices are a lower price margin, they’re offshore, there’s no teams. And a lot of them cannot be patched.
sums up that point pretty well.
I honestly don't know how you would really enforce something like this, but the proposal seems to be less about the specifics of regulation and more about the need for new regulation. The FCC really isn't equipped to handle this kind of thing.