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You answered your own question.

When the “business side” can claim a N% increase in conversion/daily usage/whatever having FB login, a developer will be tasked with implementing it uncritically, because if they speak up, they’ll be punished.

The “business side” doesn’t give a crap about privacy or performance or any of that stuff. They just see the numbers, especially their potential bonuses.

Late-stage capitalism, Baby.

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I think this is pretty myopic. As someone who straddles both sides of this, the world is not that simple.

If the "business side" as you say isn't viable, then nothing matters. This has nothing to do with late stage capitalism...this is capitalism 101. If you're not hitting critical mass, you're dead.

This take also continuously misses that most people, and thus must customers, are willing to trade privacy/performance for convenience. If that's not your cuppa, then hopefully there's an alternative.

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