I remember watching this years ago and getting really pissed at Linus. At the time I didn't actually get what he was getting at, and just assumed he was just standing in the way of Stallman grabbing half the computer industry by the balls/ovaries and demanding they never lock down a CPU ever again.
I rewatched this about a month ago and it has aged like a fine wine. As much as I personally like GPLv3, Linus was in the right to reject it. GPL has a no-further-restrictions clause for a reason, and the license upgrade mechanism should not be used to circumvent the intent of that clause just to make a stronger copyleft. In fact, I'm starting to sour on the concept of supra-GPL-strength copylefts in general, because going any stronger than GPLv3 requires interfering with freedom zero in some way.[0] This is supposed to be a software commons, after all.
[0] AGPL is designed to force users to retain what may be an antifeature to them. SSPL tries to force users to embed said antifeature into anything remotely related to the program. "Ethical Source" licenses try to enforce moral restrictions with economic rights.