It just occurred to me that VC spending on the next big thing (usually a try at monopolization by appifization) in a way is a DDoS on the governmental oversight and by extension on the society. Governments may be too slow to react to properly enforce old laws or to create new ones to also cover new grounds. That gap allows companies to rise and profit, but many times at the expense of the society. Governments will probably adjust one way or the other, but I just hope that they will not throw the baby with the bathwater. They probably will, but that's just pendulum going to the other side.
The overwhelming majority of societal harm is inflicted by old, regulated industries like manufacturing, agriculture, healthcare, and retail. Tech-bashing has recently become fashionable as people realized it’s a cheap and easy route to feeling self-righteous, but from a harm-to-society perspective “appification” barely deserves a moment’s consideration.
You are right in where from the current harm is coming. However I think it's just a beginning. Give it a few decades and then we will really see. Whatever happens today will have long lasting consequences in decades to come.
If we let it, we will just repeat out failures from the past, when harmful-today industries barely deserved a moment's consideration from a harm-to-society perspective. It just sounds like an appeal to worse problems.
Also is it that strange to see tech-bashing on a tech news site?