Internet: Is the tech wonder of our times headed for trouble?

Germany, which spent, most of the first half of the 20th century waging two World Wars warning the world about imperialism?

“Merkel and Macron warn against perils of digital imperialism”.
I rubbed my eyes in disbelief when I read this in the respected and normally balanced British newspaper, The Telegraph, reporting from the World Economic Forum at Davos a few weeks ago: Angela Merkel, Chancellor of Germany, and Emmanuel Macron, President of France, warning the rest of the countries of Europe “to prepare a joint defence against digital imperialism warning that the bloc “risks being left behind as US corporate giants and the Chinese state fight for dominance over the information revolution”?
 
I needed to not only rub my eyes