Lack of education is also generally desirable to many people in power. Not just politicians who can more easily lie but also managers and execs. If the tax system is beyond most people's understanding, rich people are not gonna get taxed properly. If people can't do the math on how much value their work produces for a company, they are not gonna understand how big a chunk the people above them in hierarchical structures (like most companies) take out of it.
We do, on the other hand, need better regulation regarding how individual data can be used, collected, and shared, particularly in the US.
Even for established players these have value because the index gets stale quickly for certain queries that many people care about a lot. Even though that value isn't fungible, or enough to break even if it were, it's the kind of value that keeps the search engine competitive.