I think the electoral college is working as intended to balance out power between larger more powerful states and less powerful states. Though I also don’t believe the popular vote is necessarily ideal from the perspective of maintaining more diversity of thoughts and opinions which is useful for a healthy republic.
As someone who’s lived in mostly rural states I’m glad because it prevents places like California with large populations with pretty homogeneous opinions and world views to dominate the nations elections. I get folks in those larger states would also feel equally left out as well.
I view the electoral college as a means of accounting for the “entropy” of votes among states. There’s more diversity of thought and opinion between say a rural Wyoming farmer and a worker in Hawaii than there is among most Californians living in say the 50 square miles of Hollywood.
In a fashion it’s similar to how network effects dominate large in markets where companies lucky to get a market first or to grow first get an unfair network advantage. Antitrust and tax laws ideally gently balance out this winner-takes-effects to provide more diverse and robust markets. Most hyper successful companies aren’t necessarily better at what they do and there’s a large amount of luck in success. Of course they still have to work hard and be effective to capitalize on the opportunities. Similar things happen among states in the USA.