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So says Wired, owned by the same company that owns Reddit.
tl;dr - The author is either deluded (or paid to misinform the public) and thinks that the data stealing corporate internet is “open and collaborative”.
The era of speculative investment in centralizing communication was not “the open web”, but rather an interruption of the open web.
Relevant blog post, from 2014: how web2.0 killed the internet
The author is active on the fediverse and building an alternative social infrustrcture called “small web”: @aral@mastodon.ar.al