Unfortunately, people do not have time to do any research on their own. So they must depend on news bloggers, who write breathless headlines to bring people to their advertisement-driven websites.
Jobs is a salesman, not an engineer. Do you believe everything salespeople say to you? Of course not. He depends on the naive misinterpreting his carefully chosen phrases. The paragraph you're talking about went exactly like this:
"And we have invented a new technology called multi-touch, which is phenomenal." - New to Apple, that is.
"It works like magic." - Uh, no. Just seems like that to non-programmers.
"You don’t need a stylus." - You can't use most stylii with it.
"It’s far more accurate than any touch display that’s ever been shipped." - More accurate than anything Apple has ever shipped.
"It ignores unintended touches, it’s super-smart." - As anyone here knows, it does not ignore unintended touches. What he meant was, if you touch, hold and scroll, it cancels the initial click.
"You can do multi-finger gestures on it." - True.
"And boy, have we patented it." - By "it", he mostly means the phone, and probably mainly design patents. They did apply for some software patents, which are for a very, very specific way of interpreting touch.
Multi-touch has been around for 25 years. Gestures, ditto. Many companies, such as Microsoft, have R&D projects that do all sorts of cool things that don't see the light unless marketing sees an opportunity.
I have been doing touchscreens for well over fifteen years. Engineers like me are not swayed by simple special effects that anyone can do. We've also seen and done so many dog and pony shows ourselves, that we're not so gullible.