But the internet completely destroyed information asymmetry, many people have access to lots of information now. I don’t need to take my car to a mechanic or pay someone to teach me, I can watch a YouTube video on how to change my oil.
The side effect of the destruction of information asymmetry is that a LOT of people depended on it, and they are all going to have to figure out where they stand in the new marketplace of information. I think we’re also seeing huge social movements because people are reading stuff online and reflecting about their city/state/government and saying “hold on, what you’re doing isn’t right, I’ve read about why you’re wrong”. The Arab spring, occupy wall st, the european refugee crisis, the Hong Kong protests, the Chilean protests, basically any major social movement in the last 20 years could be argued to have been triggered by the internet.