Seems like the smart thing to do would be to treat law and regulation as something that needs - just like any other product - continual feedback, iteration, and

Seems like the smart thing to do would be to treat law and regulation as something that needs - just like any other product - continual feedback, iteration, and improvement. "Oops we created this bad side effect, let's narrow things down further" in the same way that we'd patch a security hole introduced by a new product feature. Saying "the answer is to just stop trying to prevent bad things" is nonsensical on the face of it. The problems that caused people to care enough to want regulation didn't just magically go away!