I read a critic comparing web tech to old school tech like GE, General Motors, etc. Old 1950's GM was connected to everything. Where ties to the rest of economy

I read a critic comparing web tech to old school tech like GE, General Motors, etc. Old 1950's GM was connected to everything. Where ties to the rest of economy is nil for FAANG companies. Webshit can total crater and have zero effect on the regular economy. My take what's bad about the current economy isn't business it's real estate particularly rents.