There's a lot of hate going on in this thread towards Google ... maybe unfairly. Keep in mind, a huge reason why Google created AMP is because website bloat has gotten out of control. It's not uncommon for a simply Wordpress blog to be 4MB in size and have 70 requested objects to fetch. I live in a geography that has LTE and web site are painfully slow to load on mobile devices. I can't even imagine what the Internet…
If google thinks page bloat and loading speed are a problem, they could have come up with a set of recommendations (likely most of the ones in AMP) and use PageRank to promote websites that adhere to those standards. Instead, they created a way to hijack the mobile web and become the de facto content presenter for any publisher who doesn't want to be punished by Google.
https://moz.com/blog/how-website-speed-actually-impacts-sear...