Earlier quoted context omitted.
Not hyperbole. Having the majority of content producers be unable to continue operation would be a blow the Internet has never seen. Massively destructive. Nothing would come close that’s happened before.
If no-one is willing to pay for their 'content', then it isn't worth anything anyway. The Internet did just fine without corporate advertisers running the show and tracking everybody for years.
You mean in the early to late 90s? Because advertising has been running the show at many levels since the early 2000s.
If you don't think regressing the internet back 20 years would be massively destructive... well, I can't help you.