Thank you for the write-up NIKHIL RAIKWAR! Its great to hear different perspectives.
Value creation enabled by the Web is everywhere though. In fact it's never been as booming as it is today and it's a positive thing in my opinion. I'm thinking efficient search engines, content creators, social media influencers, ride / home sharing platforms. What's potentially very negative is that its value that's extracted by entities who control how the value is created and it goes. With blockchains we can potentially change thing.
Not everything should be decentralized or replaced by "Web 3" tech imo. It's just about using new tools appropriately :)