I think that the intervening 22 years have proved this correct. Just like aeronautics and materials science, computer science seems to have stagnated.
Systems and storage has advanced significantly.
I am pretty sure that all research on stuff we are since the horizontal scaling has taken over have been researched 4+ decades ago and is only now is widely used... though when I looked, the CAP theorem is from 1998, so maybe not.
https://en.m.wikipedia.org/wiki/CAP_theorem
2 of 3 for Consistency, Availability, Partition tolerance