This is an interesting piece but I couldn’t disagree more with the title or the author’s obvious feeling that there must be a cynical explanation for techie’s distrust of government regulation.
Silicon valley types are simply classical pragmatic libertarians. They aren’t Ayn Rand quoting objectivists who believe government intervention is in principle unacceptable. Rather, they, like most academic economists, simply tend to feel that well-intentioned government regulation often has serious harmful side effects and isn’t particularly likely to accomplish the desired goals.
I think this kind of skepticism flows naturally from a certain kind of quantitative results oriented mindset and I expect you would find the same kind of beliefs (to varying degrees) among the academic physicists, civil engineers and others who share the same educational background and quantitative inclination as silicon valley techies. I’m sure that the particular history of poorly understood tech regulation like the original crypto wars in the 90s plays a role but I suspect it just amplified existing tendencies.
But by the 1990s, with the advent of the World Wide Web and the beginning of the tech industry’s march to the apex of the world’s economy, another Silicon Valley political narrative took root: techies as unapologetic libertarians, for whom the best government is a nearly nonexistent one.