In some sense this is true, but keep in mind you're not actually creating more time -- time spent on business jets can be quite productive, in-person encounters are not always necessary, and it is often possible to use scheduling to get two powerful people in a room together when they happen to be near each other anyway.
Also not sure if the video goes into this, but rocket launches are LOUD, and so tend to be away from densely populated areas -- plan on another 20-30 minutes on each side to get to/from the pad.
(Maybe tunnels will help with this? Load yourself into a tunnel pod, which then gets robotically loaded on the rocket, so door-to-door transport? Man, the future's gonna be sweet!)