We already have digital feudalism. That is, the owners of large digital spaces don't do any work themselves, but sit back and let others do the work for them. They don't make things; they steal or buy ideas from others. They don't innovate; they worsen existing services.
They are no better than traditional landlords, except that the rent you pay is most often in the form of subscription fees or subjection to advertisement.
LeftistLawyer