Yes… and upon reading the post, I think that’s a very unfair characterization of the author’s app. This is a highly targeted niche convenience app. The activity is controversial, so is skill-based matchmaking in multiplayer games or CG in anime. That doesn’t mean the author is some heartless knob out to destroy society one watch app at a time!
You’re making a very interesting point about capitalism and democracy that people should keep in mind.
But…
1) I disagree that logic is the thing that goes out of the window, instead it’s “morality.” We sacrifice our sense of acting in the greater good and instead optimize for ourselves
2) There have been too many events in business and democratic history for me to believe that this disposal of our morality though repugnant is not just a human trait developed via evolution for some sort of greater purpose that benefits our species in a larger way than all of the disasters its caused (ie. Great Recession, Opiod Epidemic, Nazi Germany, Challenger Disaster, etc)