"Twitter is the nail in the coffin of Web 2.0"

"Does Web 2.0 Lead to Democracy -- or Feudalism?

Is it possible that Web 2.0 will actually lead to a completely unexpected form of Internet "feudalism" in which an entrenched tech-savvy elite -- people who you follow, not those who follow you -- exert an inordinate amount of power, influence and control over the future growth and development of the Web?"

Andrew Keen also says:
With the end of the industrial revolution, “we” essentially are now “the product”.

> Resistance is always good. But is in fact a valid point here? What do you think.