The complaint is that the tech mega-corps are too big and should be broken up. Then they wouldn't distort markets (among other things) by dumping free products subsidized through ads on them, only to forget about said products two years later.
Regarding your specific interpretation:
1. The product was developed for internal use AFAIK, then released externally.
2. Google is getting something out of this: a PR boost, better engineer retention and the engineers feel good about themselves.
3. All these projects not only don't become standards, but they just add to the pile of things one has to learn because there are still too many people that are fawning over anything published by FAANG.
Regarding your specific interpretation:
1. The product was developed for internal use AFAIK, then released externally.
2. Google is getting something out of this: a PR boost, better engineer retention and the engineers feel good about themselves.
3. All these projects not only don't become standards, but they just add to the pile of things one has to learn because there are still too many people that are fawning over anything published by FAANG.