Let's rewrite this to illustrate a point: Why would you want a small, self-interested, unaccountable group of private investors to mandate how technology works

Let's rewrite this to illustrate a point: Why would you want a small, self-interested, unaccountable group of private investors to mandate how technology works? Sounds like a recipe for disaster and the perfect way to stifle innovation Depending on the particulars of your government, perhaps it looks more appealing now.