Your misjudgement comes from not seeing the economic incentive here. The web as a surveillance mechanism is just way too juicy to let go. As of now, pretty much all economies depend on it, just from an economic numbers calculation.
Mind you, 200 years later, we still live in cities built for cars, not people. Rockefeller, Shell, BP and the like are still not dead, and still use everything they got to not go extinct while corrupting every politician that will accept their money. Just for a couple more years at a time, and a couple more, and a couple more...while destroying our planet like a cancer.
In 200 years we'll still have the web built for surveillance capitalism, not people.
There is no old web to go back to. Meanwhile state surveillance depends on its existence. Amazon, Apple, Google, Meta, Microsoft, three letter agencies, Palantir, and now the AI companies depend on it, and they're selling to nation states at a time. Again, it's just too juicy not to.
Back then we called them trusts, but now those big tech companies are seemingly worth more than actual countries. That's too much power without legislation, as they can effectively abandon the rule of law. Remember what happened with the Enron scandal? That was about billions, not trillions.
If we want a human web again, we need to build a new one, with privacy and secrecy first and not as an afterthought. No CA, and with mutual cryptography that acts like both a ledger and as a privacy shield for the users. No cookies, no tracking, no degenerate google controlling it all through owning the source code.