See, I am not here to argue or prove a point. Hence wouldn’t spend a minute arguing against the above article point by point - I read it and found it to be useless. And I shared my opinion. Obviously, I could be wrong. But you are right, the author is just cycnical about everything.
Those who are interested may read about intangibles/amortization and depreciation paying special attention to - how, why, pros & cons of various options and other finer nuances.