Another thing that's apparent from reading this is Dow Jones believes Fair Use and weak enforcement of copyright laws are impediments to their operations. It wants to set back the clock to the good ol' days of the news media oligopoly, when information was controlled by a small group of very profitable publishers. But as long as Twitterers, bloggers, and aggregators are able to talk about/reprint small excerpts of news reported by MSM outlets, that will lessen audiences dependence upon the large outlets and keep ad rates down.

Following that quote is one of the most incoherent metaphors I have seen in a while: "It’s been barely a decade since the Internet bubble burst on the information highway to the digital future." That's almost 'internets and tubes' talk.

Sloppy thinking in this speech in general - embodies the 'middle-age dad trying to look cool' even as he seeks to warn others against that trap.