I don't believe it! I just spent an hour writing a post about what I loved and hated about the net and then accidentally deleted it!
In a nutshell...
What worries me about "social networking" and the world Mark and Emma describe in the comments below is that most of these things are about selling stuff. (Or watching how people network and collecting the info for market research)
Most of the subversive elements of the internet have been controlled. (We would never be allowed to blog if we worked for a chain bookshop for example)
I am a fan of paper, paper and metal money, flesh, blood, paper books etc because these things are very hard to control.