> Technology amplifies power and until we collectively redefine and enforce a value system that benefits us all

The fallacy is believing that some kind of invisible hand will guide it to automatically produce an equal outcome and therefore any and all regulation is inherently bad. This seems to be a prevailing belief in the US in the current climate.

We have institutions that are designed to redistribute power and they are called governments. People have to believe in their role in doing that enough to actually empower them to implement it though.