[cylemons]

Havent FAANG companies improved the lives of the average American? They definitely did, and all these companies were created by ambitious individuals with a bold vision and prospect of making lots of money!

By taking big risks, one might ascend to this capitalist class if they succeed.

[o11c]

"FAANG improved average lives" is by no means a safe assumption. It needs to be very carefully demonstrated for each individual company, with consideration of the worsenings as well. The forgotten sixth, Microsoft, is probably easier to make a case for.