Enshittification is a paradigm shift, but not one we associate with the birth of the internet.
On to your list. Why does misinformation appear after the birth of the internet? Was yellow journalism just a historical outlier?
What you're witnessing is the "Red Queen hypothesis". LLMs have revolutionized the scam industry and step 7 is an AI arms race against and with misinformation.
Only disagree on how much they suck. There are many more reasons why they lost.