It's all about control and rent seeking like how youtube operates. The content is not owned by them just terms and agreements to lock in users to a platform that operates like a toll bridge. Web3 can change all this with read write and own through tokenomics everyone could receive royalty's payments from participating in a open platform to benefit everyone. More billionaires are not required as buying and owning more for monopoly control just stifles competion and stagnates creative minds from owning small businesses that make enough to live well with a decent income. This shit has got to stop.
