Here it is: "The signal is highly concentrated in the early adopters of every publishing technology."
That is to say, the people most likely to have something interesting to share are the ones busy trying to find new ways to share it. Thus, when the Internet first became available to the masses, the early adopters were people with things to say but no easy way to share their ideas with people interested in what they had to say. So they put up home pages and essays.
Then the masses came on board and businesses catered to them and we got FrontPage and GeoCities and the signal dropped to zero. We can see the same thing in every forum, in Slashdot, in Reddit, and here. Early adopters are invariably chagrined to see the laggards driving the signal to noise down, some leave in search of new media with an opportunity to enjoy the high signal of halcyon days. Eventually the older media have an Eternal September, and the combination of high signal early adopters leaving and a sudden wave of new laggards joining the signal down to nearly zero, and suddenly everyone is dissatisfied.
While not every early adopter has something interesting to say and not every laggard is taciturn, the proportion of writers to readers is higher amongst the early adopters of any communication medium than it is amongst the laggards, which creates the phenomenon you observed.