Except for all the small business owners that are doing just fine, and many are more than fine. You just don't want to be a corpo who is competing with FAANG, or anywhere where you have to "share" any margins with them.
If money is trickling down to you from FAANG, you're benefiting from their largesse - or, rather, being exploited by the control they have over your source of income, as both an individual and an business owner. FAANG throwing their weight around to force-underpay suppliers becomes the problem of the retail worker whose wages are paid by underpaid consumers. And so on.
If money is trickling down to you from FAANG, you're benefiting from their largesse - or, rather, being exploited by the control they have over your source of income, as both an individual and an business owner. FAANG throwing their weight around to force-underpay suppliers becomes the problem of the retail worker whose wages are paid by underpaid consumers. And so on.