Spencer Gibb, Spring Cloud cofounder and lead, talks about building a gateway in Spring Cloud, the limitations of the previous interface called Zul, and the compatibility of the project with different versions of Java. They also discuss the usage of reactive gateway, declarative HDB clients, and GraphQL in a demo, and explore topics related to Spring Cloud and Spring Cloud Gateway, including Spring Cloud OpenFeign, Spring Cloud SquareRetrofit, and Spring Boot external configuration quirks. Additionally, they cover different distributed mechanisms and data storage options and discuss the pros and cons of using the new gateway in different scenarios.