AI and alternative reality from billionaires is really, extremely bad and needs to be rethought and regulated.
Regulations force bad people to do good for society.
Why else deregulate as they have? Bad people will always be bad until they're eliminated from doing harm.
That's a reagan thing across my 60 years. He gave speeches accusing the government of pretty much criminal inefficiency and framed it as misuse of tax dollars. People bought it and didn't mind when they were made less safe by cutting the workforce and deregulation. Conservatives, who by nature didn't trust any government other than the local one, latched onto the mantra that deregulation and less federal oversight improved the public sector since "capitalism always arrives at an efficient use of money" and #Trickledown was born.
Of course the reality is that Well Regulated Capitalism can be manipulated into actually helping people while the fucking wild wild West of Unregulated Capitalism only benefits the capitalist personally. Especially when you maximize the system for sociopathic behavior which brought us the Robber Barons, Musk, Gates and Bezos. Wealth doesn't trickle down, it accumulates. That's all.