It goes much further than that, it shows how to tackle reliability even in systems that are not distributed. The primary insight is that all software will be buggy so you need to bake reliability in from day one by assuming your work product will contain faults.
Yes, I know. Erlang was not distributed till 1991, roughly 5 years after it was born.
It's also really illuminating how they implemented the first versions of Erlang as a reified Prolog [1]. But that is not explained in the thesis, just in his 1992 paper which he briefly cites.