Interesting talk, can definitely relate to the second kind of procrastination where there is no 'deadline'.
I've seen this video and graphic before. I have to wonder about his underlying assumptions. He starts with the underlying assumption that there's a big circle of things that "make sense." I think that even before making the circle, the first important thing is to examine why these things "make sense". It's possible that if the intersection of things that make sense and the pleasurable things were larger, then there would be less procrastination. At least examining what the motivation is for the things in the 'makes sense' circle would give a better clue as to why there's demotivation about it. For instance, he was so uninterested in the topic of his thesis that he waited until the last 3 days to write it. Does it "make sense" for him to go into that field that has him so uninterested to want to learn about it? Will he have to deal with the panic monster every day to go to a job in a field that has him so demotivated? I'm not sure that "makes sense" in the long term.