So the author says Thiel's message is that there will be more regulation of the tech industry, as if that is unquestionably a bad thing. But we've all seen how

So the author says Thiel's message is that there will be more regulation of the tech industry, as if that is unquestionably a bad thing. But we've all seen how the industry, like any large scale human activity, is subject to manipulations that work against the public good, and specifically the good of its own users. At this point it seems like many industry leaders acknowledge the need for regulation, and as is historically the case with other industries, are seeking to work with the government to design regulations that will (ideally) strengthen consumer protections but not create undue burdens. Thiel appears to be staunchly libertarian and so for him regulation per se is a negative development, but there are certainly other ways to view the interaction between public and private sectors. I get the sense that lots of people working in tech can see the case for why a bit more oversight wouldn't hurt.