But if FAANG are allowed to go rampant, eventually they will grapple us like they have done for the game industry. And it will not end with us, they will continue to expand their umbrella until there is regulation.
OR - our kids will live in a world where FAANG gets 30% of all transactions and it will look like CP2077. If we don't get regulation, we can all just sell our current businesses and buy FAANG stock.
And I'm not happy with the current situation. I think game industry too deserves to be free of the tax and FAANG administered regulation.
Think about the regulation in the shoes of a business owner. Apple decides if you can make business - they can make a fair sounding rule, but your business is affected by weird chance or by Apple employee mistake. The business you built, the one with all the good intentions and the users in the center, disappears.