That’s the only reason “tech” says no.
Individuals may say no for some of the reasons mentioned. But this article is basically describing companies and yes, they say yes if they think they will make money and no if they will lose money.
And this isn’t even a bad thing. Companies as a legal fiction exist for the purpose of making money.
What is a bad thing is people thinking that companies (especially public for profit ones) act on any basis other than whether they will make money or not.
Which is why this article is an f’ing disaster and naive beyond the extreme.