Once a domain proves short-tern lucrative, business is more than happy to invest but typically with very pragmatic targets. The recent reorgs in said commercial teams being point in case.
Looking at my home-country Germany that is a funny thing to say, since the public sector is living in a 90s/00s alternative OOP timeline and doesn't get anything done. The car oligopoly is frantically trying to gain competence in "user software" by stealing game designers and buying foreign startups. Meanwhile, the local startups are held down by German bureaucracy(tm) which additionally usually doubles down on any EU guideline.
Over the last 20 years, they all reached a level of incompetence which makes it very hard to not believe in a conspiracy.
What this person is saying makes perfect sense to me.