True, but what does that mean? We get to watch someone else's dream like a movie because neuroscientists will have figured out how to translate the neural activity into a format that can be outputted as video and audio.
That won't work for every sensation. You can't feel that you're having the same dream as being that person's body.
> Second, neural activity is the physical basis for conscious experience, which, to a physicalist like me, means it is conscious experience,
This is similar to an identity theory of mind, with a focus on information. The problem is understanding how integrated information produces smells and pains. Saying the experience is identical is making a claim that seems mysterious. Why would some forms of information be conscious? Did God set that up?
It sounds similar to Chalmers' position on information, except that Chalmers says there is a natural link between rich information and being conscious that is an additional law in addition to the physical ones.