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Valve cannot do that because they can't guarantee that people buying the Steam Machine will even use it for gaming.
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Isn’t it just a mid-range PC for ~$1,100? Why would someone buy that just to use it like a regular PC and not use Steam? That just seems strange. I’m sure there are also many PS5 owners that bought the console but only got one or two games before the console collected dust.
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Piracy and alternative storefronts don't exist on PS5. I could buy a steam machine and then exclusively buy my games from EA. They're also not charging you for the multiplayer access
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