Yes, that is the context in which I first read it (likely around 1999 when it appeared on slashdot), as a senior in high school with no access to the tools used by most professional programmers at the time.
(That's not the biggest flaw in the essay, of course. It made predictions, some of which turned out to be comically wrong. The true parts of it weren't new, and the new parts of it weren't true.)