You tube was the upgraded version when it was first introduce, I can remember back then smaller number of people had knowing acquaintances of what a 'network' is. Now after decades time, Web3 came up and it now looks like old ways technology automation now could seem as decline.

As you said I think it is right in some case, the infrastructure You Tube already has can be switched to many other forms like broadcasting or making a storage base like wikimedia and transitioning the old technology into something trendy for people to engage and participate more.

Web3 also has its flaws but the thing is, its features are unique and thats the edge.