The interviewee seems to be meaning it as memory usage (quote from them):
"Comparing our memory to other system's memory actually isn't equivalent, because of the fact that we have such an efficient use of memory, and we use memory compression, and we have a unified memory architecture.
Actually, 8GB on an M3 MacBook Pro is probably analogous to 16GB on other systems. We just happen to be able to use it much more efficiently."