https://en.wikipedia.org/wiki/Robert_Metcalfe#Incorrect_pred...
At this point, there are circa 3 billion Internet users, nearly half the planet, so I think we're well past the point where "ZOMG GROWTH N STUFF" is a reasonable justification for this sort of hype. The Internet's growth rate peaked in the 90s:
http://www.internetlivestats.com/internet-users/
Now it's under 10% user growth, which seems entirely manageable.