alt Hacker News> concentrating power in a few regulated intermediaries. That’s not healthy for innovation, or democracy.
How are "regulated intermediaries" not democratic? If they're regulated by the democratically elected government, that seems entirely democratic to me.
He said "not healthy for democracy", that doesn't imply the process to create the law wasn't democratic.
Democracy always has the risk of sabotaging itself by naive actors who don't respect fundamental freedoms because they fear the public.