If tech were "highly regulated", the largest tech companies wouldn't be constantly promoting scams to me.
I hate the way politics is presented as a binary choice between getting controlled by big business or big government (or a combination of the two).
I don't see anything wrong with individuals who by consensus choose to regulate "inevitable" technology. Technology is not a person, and we don't need to make ourselves subservient to it.
I'm thinking of things like liability as a publisher for algorithmic feeds, anti-trust enforcement against companies competing unfairly, mandates for inter-operability to avoid user lock-in, limitations on surveillance capitalism, protections for personal data, maybe also regulating things like advertising, campaigning, fake news, etc.
However anything else would require coercive power structures which go against the idea of radical individualism.
I think of it as flaws in our system that need to be patched. The masses are manipulated by their algorithms. Those who would protest are surveilled by them. The rich seem to be running everything to their advantage. The rugged individualist is running out of space.