Is the internet worth it?

Economics columnist Robert J. Samuelson argues that the internet is not worth it.  Yes, it’s nice to get e-mail, watch YouTube, and have access to all this information.  But, he maintains, the internet has made our infrastructure more fragile and our dependence on the internet opens us up to new levels of crime, sabotage, privacy violations, and social problems.

From Robert Samuelson: Of Internet threats and cyberattacks – The Washington Post:

If I could, I would repeal the Internet. It is the technological marvel of the age, but it is not — as most people imagine — a symbol of progress. Just the opposite. We would be better off without it. I grant its astonishing capabilities: the instant access to vast amounts of information, the pleasures of YouTube and iTunes, the convenience of GPS and much more. But the Internet’s benefits are relatively modest compared with previous transformative technologies, and it brings with it a terrifying danger: cyberwar. Amid the controversy over leaks from the National Security Agency, this looms as an even bigger downside.

By cyberwarfare, I mean the capacity of groups — whether nations or not — to attack, disrupt and possibly destroy the institutions and networks that underpin everyday life. These would be power grids, pipelines, communication and financial systems, business record-keeping and supply-chain operations, railroads and airlines, databases of all types (from hospitals to government agencies). The list runs on. So much depends on the Internet that its vulnerability to sabotage invites doomsday visions of the breakdown of order and trust. . . .[He goes on to cite the possibilities of cybercrime and our increased vulnerability to other woes.]

All this qualifies our view of the Internet. Granted, it’s relentless. New uses spread rapidly. Already, 56 percent of U.S. adults own smartphones and 34 percent have tablets, says the Pew Internet & American Life Project. But the Internet’s social impact is shallow. Imagine life without it. Would the loss of e-mail, Facebook or Wikipedia inflict fundamental change? Now imagine life without some earlier breakthroughs: electricity, cars, antibiotics. Life would be radically different. The Internet’s virtues are overstated, its vices understated. It’s a mixed blessing — and the mix may be moving against us.

Is Mr. Samuelson right?  Or is all of this beside the point?