A major problem is that if we structurally limit what technologies do, we are still not in control. Now whoever we empowered to control and limit the technology is in control. Who keeps them accountable?

You’ll probably get one of three outcomes: regulatory capture by monopolies, self dealing by bureaucrats to enrich themselves or gain power, or regulatory capture by self absorbed ideologues who halt all progress or force it down some ideologically approved path.

In none of those scenarios is anything aligned with the best interest of the people.