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Late Stage Capitalism
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You totally could have multiple Lords, that was nothing out of the ordinary.
Feudalism was a not some kind of top down system, it was a net woven out of relationships people negotiated all the time.
For example Enguerrand VII https://en.wikipedia.org/wiki/Enguerrand_VII_de_Coucy
He was a vassal to the French and the English king at the same time, so the fun really begins when both are at war with another.
If feudalism is a cool network where everyone can freely choose at any time who they want to partner with, what are the „technofeudalism“ authors worried about?