Last month I delivered yet another database engine, benchmarked against the best open source comparables, which provides a rough but concrete example of the gap:
The designed memory:storage ratio was 1:1000, an order of magnitude higher than even the 1:100 ratio mentioned as aggressive in the paper. In fairness, my prior systems were designed much closer to 1:100 ratio and it used new CS research to significantly extend the ratio without materially sacrificing performance. For data models with fairly complex indexing requirements, insertion performance was >100x(!) the best open source comparables.
A large part of this performance is due to dramatic improvements in cache efficiency that are not even particularly novel -- the gains attributable to improved cache efficiency in the paper are eminently believable. The data-to-index ratio in the above is around a million-to-one, small enough to fit in CPU cache for many TB scale data models. The high data-to-index ratio is largely attributable to using search structures that forego total order and balancing, which enables dramatic improvements in succinctness with minimal reductions in selectivity.
The other major contributor to performance is scheduler design, which wasn't really touched on in the paper and is largely ignored entirely in open source databases.
tl;dr: current open source database engine designs leave a massive amount of performance on the table due to very poor cache efficiency, and this paper correctly touches on some of the ways this is materially improved in closed source database engines.