Nintendo
not outsmarted because the people on top are complete idiots, but essentially yes. the people on top will always have the power to revolutionize(not in a good way) the instruments of production to suit their needs and the common working people of the world will be the ones living in the consequences of their actions.
you literally described the exact use case for password managers. in security, it's not about IF you get breached, it's WHEN and how to recover from it. this includes cloud password managers. you can hack all the data you want from these companies but any reputable password manager company will employ a Zero Trust model where your data is stored encrypted. they can completely upend the company and destroy their whole infrastructure, but they still can't do shit unless they have your master pass or a time machine.
honestly, if you even buy an Elonmobile these days, it's kind of embarrassing... people will make fun of you behind your back now because of it and weird Elon bros will approach you. I had so many middle aged Elon bros come up to me and peddle crypto to me while I was charging, it's crazy. you really really have to be a super moron Elon fan to buy one today