He's not wrong. The internet is an enormous threat to existing societal norms, power structures, and even governments, there's no doubt about that. However, he is wrong in believing implicitly that the existing status quo should be defended. The internet has the potential to empower disruption, and in it's short history it has proven to excel primarily at disintermediation. However, for people who support the ideals of liberty, of governments that are consensual and responsive to their people these trends are not alarming, indeed they are salutary. But for rulers who rely on oppression, propaganda, etc. these things are scary.