We don't need anything "too big to fail" and should be aggressively passive whenever corporations shoot themselves in their own feet unless failure means large damage to the environment or the health of the people. The datacenter water consumption is trouble. For everyone. Everything else should be left to collapse and correct.
We passed "too big to fail" a long time ago. NVDA alone is worth $4.4T, up 1100% in five years. The entire 2008 crash only lost $8T in stock market capitalization.
I agree, one hundred percent. Capture of the government by corporate interests has neutralized the ability of the FTC to do their job and stop problems like this. Companies have gotten so large that if they catch a cold, the entire world coughs. This is unacceptable.
The question remains, "Who is going to bell the cat?"