No Eddy, this simpleton scenario of yours is not more likely to be true than the evil scenario where the evil tech company invades users privacy and collect data it wasn't directly allowed for an extra profit.
I admit I haven’t been in any of the mustash twirling meetings. They probably happen, but I have also been in the room with engineers and PMs discussing solving problems with analytics attribution to user.
It's probably more telling how you had to invent the cartoonishly evil MTA and MTB, a bootlicker PM, and an honest (but maybe just slightly clueless) engineer.