Yes, or the more accurate description is that we are entering a new phase of Neo-Feudalism where our new Feudal Lords rule from Silicon Valley and we are their digital serfs.
This book is a very good study on what's going on today:
https://www.amazon.com/Owned-Property-Privacy-Digital-Serfdom/dp/1316612201/ref=sr_1_1?ie=UTF8&qid=1513831519&sr=8-1&keywords=digital+serfdom