"The 'Net is a waste of time, and that's exactly what's right about it"

In this quote, William Gibson is expressing his viewpoint on the web, or "the 'Net" as he describes it. He believes that the web is a wild-goose chase, implying that it is not an efficient or valuable use of one's time. Nevertheless, he likewise acknowledges that this is exactly what makes it so enticing and successful. The internet is a vast and unlimited source of information, home entertainment, and interaction, making it easy to get lost in and invest hours on. Regardless of its capacity for distraction and time-wasting, Gibson acknowledges that this is what makes the web so alluring and addicting to lots of people.