"So I can sit here and move this and point quite accurately and I never look down on my hand. I'm looking at that spot on the screen that we call a bug and this thing we call a mouse. They've been with us long enough so these names are carved in stone now."
In the original demo [1] a year prior he calls the pointer a "tracking spot" and of the mouse: "I don't know why we call it a mouse -- sometimes I apologise for it. It started that way and we never did change it."
"So I can sit here and move this and point quite accurately and I never look down on my hand. I'm looking at that spot on the screen that we call a bug and this thing we call a mouse. They've been with us long enough so these names are carved in stone now."
https://www.youtube.com/watch?v=Odv_vNFGOX4&t=911