alt Hacker NewsThere is a technological feudalism being built in an ongoing manner, and you and I cannot do anything with it.
On the other side of the same coin there are already governments that will make you legally responsible of what your page's visitors write in comments. This renders any p2p internet legally unbearable (i.e. someone goes to your page, posts some bad word and you get jailed). So far they say "it's only for big companies" but it's a lie, just boiling frogs.
Depends what your times scale is for "being built". 50 years ago the centralization and government control were much stronger. 20 years ago probably less.
"cannot do anything" is relative. Google did something about it (at least for the first 10-15 years) but I am sure that was not their primary intention nor they were sure it will work. So "we have no clue what will work to reduce it" is more appropriate.
Now I think everybody has tools to build stuff easier (you could not make a television or a newspaper 50 years ago). That is just an observation of possibility, not a guarantee of success.