The article is amusingly myopic, and the author is completely unable to imagine a world (not far from his own) where his little niggles are solved.
The internet is a global network of computers. Even if some of the technologies built on it are limited (as many were in 1995), the underlying network is near limitless in potential. Underestimating that potential will always be a mistake.
A really big thing will be when we'll be able to do the same in a face to face conversation. I really understand why google is trying so hard to be mobile. Otherwise it would miss the next few big revolutions.