As far as I'm concerned, AOL is M$ 2.0. Although right now the AOL/TW monopoly takes a backstage to the more serious one being played out in the industry right now... the M$ monopoly. Because M$ exists right now AOL/TW is left relatively alone, although expect once M$ falls that AOL will be going through the same thing M$ is now... it'll probably end in a breakup, as well as being forced to open up its IM services.
The industry's going over a few annoying bumps in the road right now, and despite the perceived invulnerability of M$ right now, they're not nearly as strong as many people believe. The industry is going to look very different in 10 years... and Jobs is right, there's not going to be any winners, only survivors. But, in the end, it will be for the best.
Cheers,
Dak