So we’re not really any worse off than before.
I haven’t heard too many examples of “oh man we used to be free and ship great features on time but now that we have a backlog and talk to each other every day it’s a hellscape death march”
Generally, I’ve found that the level to which agile approaches make life better depends on how much management is actually willing to let the team do its work and stay empowered. This can happen with trust and top cover in large enterprises, but it takes constant work at the PO / product manager level otherwise regression to the mean takes over. Also hard to avoid the inertia of making successful teams bigger rather than letting them continue small.
I wonder how the Amazons / Facebooks of the world avoid the trap, but then their enabling teams are likely a big percentage of their workforce because they understand how important software is to their business.
Also, by discussing the issue you might discover others feel the same way and are open to changing the process.
I've worked in environments where the PMs micromanage like this. It's both hellish and extremely inefficient.