Bill, we left megalomania behind a long time ago. Now we are gigalomaniacs.
The magic words 'on the Internet,' if inserted into nearly any sentence, seem to protect it from normal critical scrutiny.
The techniques of being an Internet visionary are just like those of lower-tech fortunetellers through the ages. A technological visionary must tell people what they want to hear, because your company's stock won't rise if you spout an unpopular vision to analysts.
Why pay a fee for Internet content when a million free sites are just a click away? There's no incentive until people are too addicted to the Net to turn off their computers, yet are bored with what's available.
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