The exploitation is completely acceptable when you are paid $300k+ and don't even feel exploited, yes. I fail to see how getting paid huge sums to do what you enjoy doing is even close to 'exploitation' for any reasonable definition.
What does that matter? You'd decline $10 if it meant someone else got $20? FAANG pays extremely generously. You're either being paid enough to work or you arent; what someone else gets should be meaningless. When you call being paid some of the highest salaries in the world exploitation, you devalue the word.
You sound bitter, greedy and envious. My happiness is related to my own situation, and has absolutely no relation to the situation of faceless CEOs, nor to a potential alternate reality where I have a better situation. You work for a wage; you're either satisfied with this amount or you're not. Being unsatisfied solely because others get more? With your mindset, literally no one can be content in the world except billionaires.
That's what corporation would say about an employee wanting to be compensated fairly. Such behaviour in the past sparked communist revolutions, which have not ended pretty for the greedy capitalists.
They don't match profits though. Basically these companies take most of the value produced by workers out of their hands. Their work is so valuable that even the pittance FAANG pays is being portrayed as something exceptionally great, but it does not mean they are paid right.
There seems to be a strong push back whenever the inadequate pay is discussed. How come companies can make exceptional profits that look like an anomaly, but at the same time won't pay the workers who created it?