Just because the internet makes research and learning so very easy, I don't think it makes actual knowledge less valuable... It's just easier to access now with present day technology.
I believe that today, with so many more resources at our disposal, learning and knowledge are probably taken for granted more than anything - and there's little to no need to retain anything new that we've learned. We can just simply Google it again to refresh our memory.
As for me? I LOVE Google, but I LOVE books even more - and nothing beats a great reference book to always be able to read and reread again!
But - I'm in my mid 50s, so I've gotten my knowledge using the card files in the library and using Google! I'll take knowledge however I can get it because I just love to learn about new and different things.