In many ways, Ethereum is similar to a country. It has citizens (wallets and users), a government (Ethereum Foundation), a currency (ETH), corporations (DAOs and Dapps), a financial market (DeFi), and relationships with other digital countries (bridges between different chains).
By providing the platform to find an audience, social media allowed everyone to be a creator. You no longer need permission to share your thoughts with the world.
Another issue is low tech defensibility. In the AI world tech defensibility is harder to achieve because new/revolutionary models are being developed mostly in open, academic settings and so are available in open source.