If we're defining expertise in such a way that it can only be gained through work experience at the corporations you'll later be in charge of regulating then that's a problem with what we consider expertise to be.
If the experience influencing education has come from those who have been 'through the ringer' at the companies pushing the technology forward, education will always be one step behind corporate influence. Catch-22 unfortunately.
The paradigm I think has shifted (for better or worse) from taking the letter from academia to taking it from those who have advanced these technologies within public perception (with or without fuelling from media influence)