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I tend to agree with your observations but I do not see how that is related to e-books and e-reading in anay way. I always had an abundance of reading material, even when I was financially limited to what I could get free from my local or school library. I could be just as fussy and personal in my choices as I wanted to be since, oh, about 40 years ago.
It is true that the internet brings us a great deal more chaff but there are ways to improve your signal-to-noise, such as asking for recommendations here. Might you miss something or someone important? Sure. But that was ALWAYS true.
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