Yes (we screwed)
No (just a bump in the road)
Yes, but so is the world in general. The convenience of technology have made the necessity of intelligent thought much less mandatory for survival then it was even 20 years ago.
We're screwed unless we change how everything's going to work. If we keep up what we're doing now, we're doomed.
Yes, if you are talking about civil liberties, equality, women's rights, education, healthcare, and opportunity, otherwise, no it is status quo.
Just a transition