Dead meaning that few actual people contribute? I say no. True, there is a lot of noise but it's hardly dead. There's a lot of commercial content and many people blogging interesting content. Corporations spend a lot of resources scrubbing the internet of content they don't like. People contribute content to hostile platforms, which take it down, so there's a lot of activity.
"Dead" more in the more traditional theory of the "Dead internet". Meaning that the vast majority of content and "communication" is really just a bunch of smart (And often very dumb) bots and not people.
This has been confirmed multiple times though. reddit is mostly bots, cuckchan is mostly bots, twitter is still mostly bots. Comment sections on websites that require verification? Bots.
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