A recent Frontline documentary, Digital Nation: A Life on the Virtual Frontier, asks just this question--particularly with regard to education. Subjects include attention span, multi-tasking, and the doubts of one-time technology evangelist Douglas Rushkoff. But while some see technology as an obstacle to clear thinking and human interaction, others see it as essential to contemporary education.
I have to say the whole subject resonates with my own ambivalent technophilia. You can watch the documentary above or here (and the trailer follows), but don't forget to check your news feeds, twitter, and facebook while it's on in the background.
Wes Alwan lives in Boston, Massachusetts, where he works as a writer and researcher and attends the Institute for the Study of Psychoanalysis and Culture. He also participates in The Partially Examined Life, a podcast consisting of informal discussions about philosophical texts by three philosophy graduate school dropouts.