I find this unsettling because it hints that the people who built this game are more naive than I am. And this is a game about a cynical topic.
It reminds me of the narrative "No matter how bad you think it is, reality is worse."
The idea that the engineer is creating "shareholder value" is part of the conditioning. They're creating complexity and literally running a hamster wheel. Even more so than the game suggests. Lighting fires and putting them out. They are lucky to have this job where you can get away with this kind of pure performative engineering. Seriously, Netflix looks exactly the same as it did years ago. Same with Facebook. The fact that they have so many users and make so much money has nothing to do with engineering and everything to do with attention monopolization and incentive structures among investors to circulate money between companies that they have a stake in.
Working for a bootstrapped startup; that's real value creation because there is enormous risk involved and no engineer wants to take that risk.
Of course the value creation goes away as soon as the startup raises funding because then they become part of the club and the risk is taken out.
Working for FAANG is more like being appointed to the king's court. The king's fool is not creating any economic value for the average working citizen... And the line for that job is long. Being chosen is not based on skill or talent. Talent is abundant. It's a kind of lottery.