what's wrong with having gTLD? Seeing lots of this new TLD hate, I want to understand the reasoning.
If anything this might be step back in the right direction. Whereas I cannot tell anything about the nature or origin of a site based on the fact that it has a .net or .ly tld, I will be able to tell something about nature and origin of a site if it has a .google or .apple tld.
Wow. Such nostalgia.
More generally, as part of ICANN's gTLD approval process, if the gTLD being applied for is a trademark, then it can't go to anyone else besides the trademark holder. So there's actually a lot more assurances that you are dealing with who you expect to be dealing with with gTLDs versus random domain names on .com.