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Sure! And with internet the people we are with can be on different continents, all of us forming our bubbles of reality based on the information we are presented. Same as it ever was. The only difference is that before you shared your experience with the people you saw in the room, with internet you share it with the people you see on the screen. But since two people i the same room doesnt share the same experiences anymore, it becomes much easier to spot the differences in eachothers realities.
Well… Its built on statistics and statistical inference will return to the mean eventually. If all it ever gets to train on is closer and closer to the mean, there will be nothing left to work with. It will all be the average…