Take youtube, I see plenty of videos being gone. Now any videos I like, I download it.

And remember this https://www.reddit.com/r/Mcat/comments/5yffns/uc_berkeley_is... / https://news.ycombinator.com/item?id=13768856

So no it's not an hyperbole, what used to be a place to share content becomes closed source.

People keep spouting torrenting is a solution, but a shitload of torrents are dead now.