I date the decline of the internet to around that time. I remember hearing a year or so before that international leaders had discussed how to control the internet. Judging by social media idiocy and dismal search engines, they succeeded.

It definitely is more prescient in hindsight.

Although I still like to make the distinction between the internet(the hardware - servers, routers, fibre, satellites) vs social media(what most people mean when they say the internet).

The internet will chug along long after the hype cycles move on.