But all things change. Every phase has good and bad points. IMHO
I get:
* an up-to-date encyclopedia
* all the music referred to by said encyclopedia (Napster)
* an impressive number of books referred to by said encyclopedia (Demonoid)
* 2010s bonus-- a lot of the scientific articles cited by said encyclopedia (Scihub)
* 2010s bonus-- a searchable cache of stupid questions to do an end-run around the pain of interacting with the asocial gate-keepers who wish the internet wasn't so full of people (StackOverflow)
* an archive of all the stuff you're nostalgic for (archive.org and Google's copy/paste of usenet junk)
My internet is like O'Brien to your Winston from 1984-- its mind includes yours.
Edit: clarification
In my alternate history, the Web would have all that. And so much more like that.
It's not so much e-commerce that broke everything. Although there were many who did argue that.
For me, it's been the shift from self-published (and indeed, self-hosted) to Google, Facebook and cloud services. And the tide turned in the late 90s.
Edit: When I first got online, it was AOL, CompuServe, EcoNet and The Well. I was on all of them except AOL. And then we had Usenet and websites. And networks of websites. The prospect of citizen-based journalism. But now we're back to something a lot more like AOL.
I was mainly a CompuServe geek.
I'd rather have stuff like Aether, NotABug, Tor onion sites, and so on.
That's why prudent folk use tools like NoScript.