Incorrect. We operate in a military smorgasbord where the war hungry U.S. government gets an unlimited budget of trillions of dollars year after year and their modus operandi is COLLECT IT ALL ... EXPLOIT IT ALL. The government believes that they are the only one's entitled to privacy for National Security™ purposes and their crimes are covered by criminal and conspiratorial compartmentalization. They go after journalists and whistle blowers like Julian Assange and Edward Snowden with dictatorial fury because the true enemy of fascist governments is Privacy for the People.
Your perspective is cute business school brain washing but the real fact is that businesses like the FAANGS have realized that they can tap into fascist daddy's money faucet and sidestep the shelf-joke analysis you portrayed. Why worry about stocking shelves with good products to maybe sell units to individual consumers when you can sell to one big monstrous entity who can sign a billion dollars' large contract to ingest and process everything against the masses who barely have $100 to pay for a piece of software.
We have a U.S. military problem here.