Most content is now on <10 big platforms. nearby no one has a website just to tell other people some stuff or what he has done for fun. only reason to have a website today is profit. active websites write in the first part of a article only bullshit to get found by google. Sites that are really like in 1999, just fun sites would never been found via google anymore. And now AI crawls all this and steals traffic from this sites without giving credits until no one beside of bot's will reads them anymore.
The web is not dying, the web is already dead! A commercialized part of the money making machine, nothing more anymore.
Next step: AI is dying because there are no new data to learn because it makes no sense anymore to create websites. Welcome to the stone age.