Yikes. Good to know that labor shares used to rebound after crises, but since the 2000s and the dotcom bubble it has basically been downhill only. So don't expect any of this to get better unless we roll back technology to the last millenium.
Ie, why can one guy who is insanely wealthy due to stock valuations take loans against that to pull various levers of power. We didn't elect him, we need a way to control that outsized influence.
We shouldn't just be pointing at the (very much real) stupid greed, there are many rotten components occurring simultaneously.
No political administration in my lifetime (!) has made policy decisions against the interests of tech monopolists. The closest we got was Lina Kahn's FTC.
Where do I sign this petition?
In general, though, I'd be perfectly fine with time being frozen in ~August 2001. Was it perfect? No. Was it better than where we are and looks like we're heading? Yes. Without a doubt.