Honestly, I am OK with an ephemeral Internet. I physically clean house yearly and aim to discard or donate anything I didn't need, use, or look at in the past year, and I really wouldn't mind if that happened to my digital "stuff" too. 99.99% of the code I develop, the pictures and video I take, the HN posts I write, nobody is going to look at after a week or so, including me. Pick a random year in the past, go to your phone's photos, and pick a random photo from that year. I bet this is the first time you've ever looked at it since you took the picture. I know it would be the case for me. There might be a handful of family photos and stuff I consider sentimental, but not even enough to fill a shoebox let alone a cloud storage provider.
Moreover, with the amount of intrusive data mining going on, it would be better for all of our privacy if our content just expired regularly.