' “Oh, they’ll [vcr's] be replaced by a disc player within four or five years,” Gates says. “I’m talking about access to media across the network.”

In other words, Gates is describing our ability to watch movies, TV shows and other streaming videos online. '

I'm not entirely sure he means the Internet by "the network"? In the same interview he refers to the Internet as "the Net".

He said DVDs would be replaced within 10 years by VOD TV. He also claimed that phones and Pocket PCs would have a big future.