So again, i argue that internet before facebook, instagram, tinder... was in its golden age mostly due to lack of government involvement and too many people being online.
The "mostly due to lack of government involvement" part that you abruptly pivot to in the second para is completely unsupported and does not tell a compelling story about how we got here. Try Cory Doctorow on "Enshitification" which does, and it's all about consolidation and large company leverage. The only way that government is involved is as a bystander who could have done something but did not.