Shame this discussion got knocked off the front page as I think it's one of the most interesting on the board today. I just watched the video and the key line of the talk for me is this:

We must set the stage so that Big Tech must either play by the rules of fair competition and be exposed to innovation or risk being;

  "embroiled an unquantifiable guerilla warfare against engineers who
   have the attackers advantage"

Hell, I'd found a dozen companies tomorrow, hell I'd raise an army and work night and day if the objective was, by guile, craft and surprise, to knock chunks out of these lumbering monsters with the law protecting me instead of the enemy.

In other words, Big Tech simply enjoys too much protection of the law. Remove those laws and allow us real hackers to tear them to shreds.

Governments should not be creating new laws to fight Big Tech. It should be repealing and dissolving existing laws that protect them, and let nature do the rest.