There are different types of power, and what I think we're seeing is that whip traditionally those different types of power have rested in the same individuals, that's not so true anymore.
Financial and political power is still mostly where it's always been. Social power has been democratized far more and far more quickly in recent years, to the point that those same groups that have the financial and political power no longer mostly control it.
I think the mercurial appearance of how that power is wielded is also easily explained. Like any revolutionaries that take power, they are often unrestrained in it's use as they are not used to the problems of wielding it.
Whether the status quo can ever develop into a more restrained arbiter if social justice remains to be seen. As long as the young are the majority of the social scenes used in the decision process (the social networks of the moment) I doubt it, but the demographics of these networks are shifting year by year and those that have been using them longer are learning the trade and solidifying their bases, and those ones making enough money to also join the other power structures. Perhaps in another decade or two this will just be viewed as another period of large change, like civil rights and woman entering the workplace, and the social narrative will again be controlled like it traditionally has.
For most I imagine that thought has parts of both comfort and dread.