You are describing a colonial model, extract all the wealth while investing nothing in the local economy. That era is over.
If anything, Meta is the anomaly, not the role model. They should be required to invest more given their dominance, rather than being praised for extracting maximum value with minimum local footprint. Regulators will likely close that gap eventually.
If a foreign entity came into Florida and bought up 35% of the entire retail infrastructure, you bet the US government would regulate it and demand local value capture.
Case in point - US actively forced TSMC and Samsung to build $65B+ of factories in Arizona and Texas to secure domestic interests.
> If anything, Meta is the anomaly, not the role model.
Meta try very very hard to avoid having any data within Indian borders, because of their privacy laws.
This necessitates not hiring product or data people there.
Source: worked there for five years many moons ago.
"Exchanging goods and services for money to a locale" is not a colonial model.
I, a strawberry farmer in Florida, should have no obligation to create an office of locals in every geographic location I sell strawberries in.