All the high profile multi-billion dollar tech companies to arise in the last 15-20 years have been some form or other of using technology to skirt existing regulations and to move the risk and expense onto others.

PayPal, Uber, Airbnb, DoorDash, you name it, their "innovations" weren't any kind of innovation in technology, they were innovations in creative ways to make something 5% more convenient at the expense of making it 500% worse all round for everyone.