Carbon Dudeoxide, our world is already so complex and interwoven that a failure anywhere has some impact on us all.If Giga Bytes of data goes down in one place , you may not be able to call anybody. The whole system will go down. Do you remember years ago when New York City went black?
The point is this: When any connection to the rest of the world is 10 times faster than any hard drive storage, few people will bother having mass storage devices on their personal computers. And nobody will do backups, except you and me. And I am not sure about you.