Why would the government want to nationalize the dystopia? It's better run by private business, just like most other things where profit seems to be a useful proxy for desired quality. It could also be useful to seem to be optimizing for profit regardless of actually optimizing for it: "Youtube recommends this video because it thinks it might help keep people engaged and show more ads" is much better implicit marketing than "US government wants people in Elbonia to watch this video".
Web service should be nationalized, and so should Chrome.
Those "rich people" are in the position they are due to consumer ignorance and apathy, but above all, they are our guests at the trough.
Show me someone complaining about over-regulation, and I'll show you someone whos being a hog.