Get your gist but the indiehacker and bootstrapping community are absolutely full of counter examples, and plenty of YC companies have not made the world a worse place: Stripe, Dropbox, Gitlab, Twitch, etc.
I think this dynamic is generally less recognized by software developers because we're frequently comparatively well paid and well treated at work, and can occasionally accumulate enough capital to break out of this vicious cycle (though we're still paid less than the value of our labour and still deal with much of the BS noted above). However the same can't be said for the people making our computers.