"Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference."
Oh, it is absolutely right (as far as we know). But "exactly as programmed" doesn't mean "exactly as intended" it means "exactly as programmed", with bugs and vulnerabilities and all.
' “This is the land where dreams–dreams, do you understand–come to life, come real. Not daydreams: dreams.” There was about half a minute’s silence, and then with a great clatter of armor, the whole crew were tumbling down the main hatch as quick as they could and flinging themselves on the oars to row as they had never rowed before. . . . For it had taken everyone just that half-minute to remember certain dreams they had had–dreams that make you afraid of going to sleep again–and to realize what it would mean to land on a country where dreams come true. ' - C. S. Lewis’s Voyage of the Dawn Treader
No, it isn't directly related to Ethereum(ETH). The DAO is a thing built on top of ETH that is supposed to operate like a decentralized corporation direct through direct democracy of it's constituent investors. It's website is, https://daohub.org/
"Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference."
Right ...