The Impact of Internet on Society
This is a larger question that cannot be answered until a few more years have passed. Already it has changed work and play, privacy and identity, time and space, love and collaboration. There is more to come, and the changes will come faster and faster.
We live in increasingly recursive, fractal stages of accelerated development. Time and space are compressing more quickly. We're already at the point where communication technologies flow at the speed of light. For some, it is already too slow. World of Warcraft servers in one country experience delays when connecting with other global servers. We balk at not receiving an E-mail the instant it was sent.
As McLuhan said, "our Age of Anxiety is, in great part, the result of trying to do today's job with yesterday's tools and yesterday's concepts". The future is expensive, and not everyone will be able to afford it.