I watched it and I thought it was alright. I have no context for anything outside the video but what he said seems to make sense. Idk anything about FUTO other than they are at least source available for their apps which is enough to be able to inspect their claims about privacy and security.

My take on non-profit source available licenses (I know nothing just stream of thought):
I am I'm favor of an "open" source license minus profiting off of your forks, which I understand makes the resulting license not open source. In a capitalist system, the capitalist class will take every opportunity to parasitically take where ever possible. Nothing free in a capitalist system, including living. Free development comes at a cost, even iif made purely out of passion.

Most of the code I will ever publish will be open source, with the exception of some big and very unique passion projects that I wish to stay nonprofit. Any person who forks it owns their code, but is limited to donations (just in the same way I'd adhere to the license). Source available at least means people can inspect it for badware, which is good for privacy and security. Allowing forking and community collaboration is important. But some greedy corporation stealing your code without contributing back is gross. In an ideal world we wouldn't care about the perceived costs to our time by developing and releasing code for free because money would play no part in our ability to continue existing or as a way to measure our "worth". Why freely enable thier behaviour just to maintain some pure ideological boundaries. They dont deserve to profit off of our labor and passion.