If he understands the Internet and how it works (I doubt it), he's chosen to pervert it. Read "Where Wizards Stay Up Late" to get a better history of the real geniuses behind the Internet.

Look to people like Alan Kay to remind you of how far we've moved from the potential that was inherent in the medium. A platform designed for decentralized robustness and rapid information exchange perverted into a delivery medium for ads, surveillance and centralized control.

Yeah that first noble idea was running on free academic and government research money.

Things change when you don't have a patron.