>Would you be okay with me suing you personally because one of your devices got infected with malware and slowed down my home Internet connection? Would you be okay with me suing your grandmother?
That's definitely not the status quo, it's also a pretty extreme position.
Of course not, that's the bleak alternate reality. The status quo is "you don't actually own your device". Apple or Google finds malware in an app and they remove it from your device automatically. That's the status quo. The status quo is if you get malware on your PC and it negatively impacts other people on the Internet, nothing happens and you're not punished for it so others suffer from your lack of ownership. That's the status quo.
The statement you quoted is what would happen if everyone were to actually completely own their own Internet-connected devices and took full responsibility for them. It's not a comforting idea. People like to throw around words like "ownership" but shy away when related words like "responsibility" show up.
I'm personally liable for the damage my car causes, because I own my car. I'm not personally liable for the damage my computer causes. Do people actually want to be? That's what ownership means.
Cars are required to implement safety standards. You're not taking full responsibility for your car, the company you bought it from is responsible for selling a product that's safe.
If you modify your car to be unsafe, then you're responsible.
People can own their phones/computers, they can be allowed to disable safety features, while still holding companies responsible for implementing a safe product.
It should be entirely possible to completely own your car/phone/whatever while still largely holding the company responsible for the users safety.
That's definitely not the status quo, it's also a pretty extreme position.