> Are regulators not people
No. They are robots. Robots that know better. How dare you ask such good questions! You now owe us 40$ for violating my authority citizen!
> Lessening risk is far more important than not stifling innovation
Again, would the OP rather live in a world with 100% risk, 100% innovation, or 0% risk, 0% innovation. I know what I'd choose. There's a pretty common theme in some sci-fis that living without risk isn't even life. Something to think about...