Of course assembly is an abstraction, but it is the lowest level programming language that ordinary mortals can still write code in, which was the point the GP was making.
Exactly nobody writes applications in microcode. Register aliasing and speculative execution have under normal circumstances no effect other than some performance which if the CPU just did as it was told by the assembly code (or actually, the machine code, the binary representation of the possibly optimized assembly) would still work exactly as advertised. You can also switch those off if they're features of the assembler, and if the CPU does them then you're going to have to live with it.
If you really wanted to make the point that Assembly is an abstraction then macros would have probably been a better thing to mention.