That is not the argument being made. That is the straw man version you are presenting. Read the full paragraph, and the one after, and it's obvious:
> There are myriad policy responses. Whatever we do, those responses will require popular consent and careful deliberation. No one person, or one company, or one movement, knows the answer and history is no guide, save that apocalyptic predictions about new technologies have, to date, all been wrong.
> History does provide a great deal of guidance, however, about the use and misuse of government power. It tells us that the state is in fact likely the worst possible custodian for the most powerful publication and data analysis technologies.
Emphasis mine.