No, it really does help large entities wield their power even more.
The billions of dollars that the big cos have stockpiled ensures they can suck up the talent, attack new markets and keep competitors at bay.
It's not the biggest thing, but it's a thing.
And Facebook was barely making any money while it was becoming the dominant social network.
A) They have massive operations internationally and hire a lot.
B) Did you witness Microsofts dismantling of Nokia? That was a takedown of an entire ecosystem and huge gift to Apple and Google/Android as well. Paid for by cheap taxes overseas.
For every one person working at Nokia, there was another, in a company, somewhere else selling to them, buying from the, distributing for them.
The same thing happened at BlackBerry.
I'm not talking about 'apps' - I'm talking about a 'business' eco-system and value chain.