I'm actually pretty old myself. I like old people. But I don't think they'll all be able to competently manage the needed lifting to consider this properly. There aren't even experts that can give us a path.
Fair points you made though. It was a weak and lazy angle I made.
A better reason why they won't want to regulate us out of this is that they are corporately captured and beholden to the funding needs to keep them elected.
I don't think it can be regulated at any rate. All you need is the weights and a few gpus. Even better if you can afford some cloud time. In time there'll be distributed, encrypted crowd source options to build these that also can't be regulated.