Pvnch was talking about the business aspect. His main argument is that Hip-Hop needs to have distinct subgenres that can be marketed and nominated for recognition separately.He had his manager's hat on while saying this because the industry distinctions he names help to promote artists. Billboard chart categories and Grammy categories.
Listened first 5 minutes, and don't get the impression that he cares about the art form, per se. I mean, he's introduced as a man who either did or tried to manage tekashi. So, again, he is strictly talking about business rather than art.