Digitizing consciousness is a much harder problem, because we don't really understand how much of the brain works, the areas involved with conscious thought in particular, and the exact learning mechanisms the brain employs. The way we do deep learning these days is a very rough approximation of how the brain might work, and backpropagation is not really biologically plausible. So IMO, digitized consciousness is probably two to three orders of magnitude harder than this demo we're seeing here. Could unfortunately be a century away or more.
However, the medical applications should come much sooner. What they've shown is amazing. The monkey's control of the paddle seems to be precise and fast. If people who are paralyzed and wheelchair bound just had a way to operate the wheelchair, a robot arm, and communicate with the outside world reliably, that would already be amazing. If we could somehow reconnect their nerves or give them some kind of mechanized suit, it could be even better... And if Neuralink's tech works, that could be only 10-15 years away.