[m00g00]

If you're a drug addict, the ideal way to kick the habit is self-control, but after a certain time, rehab might be needed. There are downsides to rehab (cost, isolation etc.), just as there are downsides to regulation (compliance costs, unnecessary burden on small and otherwise well-acting companies because of the abuses of others).

There's also the fact that "regulation" is a nebulous term that says nothing of what the actual laws are that manage to get passed/implemented. If history is a lesson, we should all be weary of rules written up by people who do not fully understand the domain they are trying to regulate, and who are often lobbied by the very firms that would be most subject to said regulation.

So, no guarantees in the slightest that regulations will bring about a healthier tech ecosystem.