I didn't write the article this is just a repost. I think the point is that one would have to have human guidance in case of bugs in the code. They can then stop unlawful transactions. There are many problems with this, but smart contracts is an extremely complex thing and I think ethereums implementation of smart contracts will not work. Either way this whole DAO debacle will weaken ethereum considerably.

If the forking goes through then ethereum will very much resemble an organisation like paypal, the decentralization dream will have to be undertaken by some other crypto, maybe lisk or nxt?