That's sort of a radical monopoly, in a sense. It sort of sets a new standard of what it means to be knowledgeable and well-informed. However, good Luddite that I am, I find that the value of face-to-face contact hasn't been completely supplanted. The personal networks that can operate by chance encounters, people sending reprints in the mail, the whole sort of goddess network, is still working fine, but at a different scale, at a more, for me, manageable scale. I guess – thinking about the Web – I don't really want to know everything that's on the Web. I would be happy to know adequately the life cycle of the slime mold."
Let's close libraries, because they contain too much information.
When I first had access to the family car (another piece of technology) I could (and did) go to the Michigan State University Library and cruised he isles.
I could chase ideas up and down the stacks.
Today, I can do the same at "light speed"
If I'm curious about a topic, a tid-bid of history or culture, I can access it in a few moments.
From the trivia of a movie I might be watching (technology again) to recalling a city in Siberia when geo-tagging photos I've digitized (that damn technology yet again)
I can share thoughts with friends and associates regardless of time of day (few want a call from me at 3AM, but I can post an email), I can video chat with grandchildren half a continent away, soon with family overseas.