The content companies do believe they are God's gift to mankind and they have some very anti-customer policies. They think they are optimizing their revenue from such policies.
I think they underestimate the kind of growth they could see if they started treating their customers the way that most of the tech industry does.
Tech is far from perfect, but it does a better job of being customer centric.
There are certainly ways that tech companies operate in a Hollywoodesque manner.
Apple trying to assert DMCA against jailbreaking phones is a great example. It's YOUR phone. You paid $600 for it (either over time, or up front). You should be able to do whatever you want with it.
You've made a very poor case with Google privacy policies, though. If you don't use Google+, there's no way for any of its privacy policies to affect you. If you don't like their policies, don't use their free product. Period.
If you seriously think that this whole debacle hasn't taxed our economy and the value of our currency more than $19B...then you're smoking something really good. :)
I know we have -3% unemployment in tech. Not quite so elsewhere, my friend.