I doubt if even comes close to what the US and European counties were doing with PRISM.
I guess if you are not a bad guy and use the internet in a constructive way, it should not be any issue!
Just think all those Facebook users who plan and schedule bike racing on Thailand streets at night can easily be shutdown. Or how about those selling illegal drugs? Or setting up gambling sites or prostitution sites? Or how about the illegal clinics and cosmetic sellers? They will be shut down in a wink of an eye!