Part 2/13:
Referring to the early days of the web, the speaker highlights its initial decentralized nature. Back then, anyone could run a web server and publish content, but discovery was difficult because search engines didn't exist yet. As search engines emerged, the web became more accessible, but also more centralized. Platforms began to grow around making content easier to find, leading to significant consolidation, where a few giants control most of the distribution and monetization of content.