This is a crude strawman argument at best. I don't disagree that compliance/regulation requirements can be overdone, but unfettered progress-at-any-cost has its

This is a crude strawman argument at best. I don't disagree that compliance/regulation requirements can be overdone, but unfettered progress-at-any-cost has its own downside. History is overloaded with technological innovations followed by regulation efforts to mitigate the the unintended consequences. Reality, as always, as much more nuanced than this hot take. It's a balancing act.