The first point that comes to my mind is that you need to think back to when the yellow emperor's classic was written. Exercise truly is an issue that only become relevant with wealth and to some degree literacy/education. In other words, the text was written at a time where people had far more significant life/death health issues to be concerned with than whether jogging would be good for their health. Accordingly the text deals with such issues in less significant terms.
That said, the principles in the text can be applied to more modern times with more modern issues. Our problems largely being from lack of movement, stress, and indulgence and historical issues being from physical labor, hygiene/sanitation issues, and all that comes with poverty.
For us the rules become moderation, not letting our hinges rust and controlling our emotions which are all mentioned in the text to varying degrees along with the issues that were more common among the masses at that time...
While I cannot put words into the yellow emperor's mouth, I can say the general rule with exercise is the same with every other aspect of our lives - not too much, not too little - and I do believe this is the whole point of the classics. Too little creates dampness and stagnation, too much weakens our blood and qi. The trick for the modern day is to try to understand things that at the time would of seemed absolutely ridiculous like jogging into that paradigm. In our culture we tend to be drawn to more substantial exercise because of the incredible sedentary nature of many of our work/home lives. Perhaps office workers need to jog really fast or take power yoga as a balance, perhaps manual laborers need tai chi, I imagine this is a question that people can answer on their own. The problems again, in my opinion, only come from too much or too little and this will be an individual decision.