I guess I'm a bit more generous to them on this point. Ironically, what they are is actually conservatives (in the generic meaning of preserving the status quo, not the American political meaning). What they want is stability and freedom from risk. They have this idea that you should be able to get one job and work it for your entire career, and they often cite the post WWII period as an example of this.

Of course technological progress is anathema to this. Progress is chaos. It causes disruption of entire industries, which TBF does disrupt people's lives. So they enact policies to defend existing industries from competition and fence off who is allowed to do what job with useless credentials and certifications. Essentially trying to preserve the status quo forever. They trade long term progress for short term comfort. The practical economic effect of this is, in fact, a handout to incumbents, and there are plenty of grifters on board for this reason, but it isn't the driving force behind it.