Short answer is: we haven't figured out how to do this properly yet.
It took us a few hundred (or thousand?) years of experience with books to make them a constructive part of education, it looks like we'll need a few decades to internalize how to use the interwebs properly.
I have no doubt all this technology will help in education in the long term - the ability of the Internet to connect an individual to both knowledge and data is beyond Vannebar's wildest visions of Xanadu. Even in the most banal sense it is an improvement by raising the bar for often-sub-par educational books and material; consider also the potential for liberating the student for self-directed research and 'jumping ahead of the class' without disconnecting himself from, or derailing, the current lecture - currently we penalize our brightest students by forcing them to wait for the rest of the class to catch up. I'd have loved to have a laptop with web access in high school - then whenever that happened I could have researched tangents and connections from the current topic out of curiosity, instead of finding another opportunity to learn how to sleep with my eyes open. Books don't really scale very well in that way, by reasons of cost and plain physical mass.
But a completely undirected and unrestricted experience is the anti-thesis of education - as it's typically used it offers all the possible distractions without the guidance or focus to understand the necessary material. And as long as the 'learning generation' is a decade ahead of the 'teaching generation' it is bound to stay that way. I don't think it's even a matter of 'understanding computers' as the geek crowd tends to assume; at some point I thought that way, but these days I'm convinced things are moving fast enough that new generations 'get' these technologies fundamentally differently, so it is very naive to think 'we adults' can figure out how to best use tech for our children's education without being hopelessly irrelevant to their own experience unless things stabilize a bit.
It's not that the technologies are that different anymore, it's that the quantitative barriers go away very quickly and each generation cares about and prioritizes technology uses that at some point would have been shallow, or even risible (tweeter anyone?), with unexpected benefits and side-effects... even if we come up with a far more comprehensive and clueful plan to leverage tech in modern education, by the time it's implemented by any national educational system it will be as quaint and irrelevant as France's Minitel system is today.