Humanity, as a whole, will never fully wake up. Technology is the new opiate of the people,

Yes, there certainly is reason to despair.

Technology may however become a force for democracy. State actors and elites will find it difficult to control the internet's evolution. Xi Dada is correct in his fear of it.

Hopefully individuals (as Trump would say: 300 lb men in their bedrooms in New Jersey) will find the power to destroy markets and corporate media. Chaos is the only thing that elites fear.