It is all very well for us experts (some real, some self-proclaimed) here to criticise outsiders efforts to regulate, but there are real and general problems which concern everybody, not just us. If we do not listen to public concerns, our work will eventually be overthrown.
The world has changed immensely since I was born about seventy years ago. In particular, many problems are world-wide and cannot be solved by a single nation. What is a minimum standard of decency in one country is an outrageous imposition in another, yet the Internet brings it to us all (unless you are behind a Great Firewall).
What has not changed is the difficulty of getting politicians, democratic or otherwise, to listen to good advice. If you can't beat them, join them!