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Also ad optimization has brought in revenue for a commercial entity (Alphabet) that is willing and eager to pour its resources into amazing and beneficial things that a Law firm or Bank simply would never think to invest in building themselves.

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This is patently wrong. Plenty of law firms and banks, once they reach a given amount of surplus capital, open up investment arms that can and do invest in long shots that large multinationals like Alphabet have branded themselves for. Don't conflate the brand Alphabet has regarding investment in innovation for a monopoly on that kind of investment in innovation.

On the other hand, banks aren't building systems to extract more and more private information from individuals. The harm coming from a business like Alphabet significantly outweights the beneficial things they do.

They don’t need to when they can charge you a $50 fee for keeping an account open that costs them virtually nothing to maintain and lending you money at virtually no risk because the Fed can just print more in case they mess up.

> The harm coming from a business like Alphabet significantly outweights the beneficial things they do.

Doubt it. This is first world privileged thinking.

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