I think what he meant by the “cyberpunk dream” is actually the “solution” to the cyberpunk dystopia - i.e. “the net” was supposed to be a refuge from corporate/government monitoring and control.

In the early days of the internet it kind of was. Corporations haven’t waken up to the full commercial potential of the internet. Governments/law enforcement hasn’t quite figured out how this new at-the-time Internet thing worked - “series of tubes” or something.

Then as he noted, there is a significant downside to such a refuge.