The next big thing will be content on multiple platforms/medias/devices working as one unity... The internet will still be used to transport this content, but they way you overall interact with the content will be much different than today... there will be a new era for content producers, marketing wizards etc. much like in 1996-1997, however this time "the price to enter" will be alot higher.
Consolidation - its going to happen and have probably already been going on for more than a year or so... we will have even less people working with adult sites at the end of 2003, while some companies will have grown alot bigger in numbers like traffic..
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