I'm also not sure what's so regulated about the internet besides net neutrality in certain countries. Of course the government can put limits on the network, like banning services, but it's easy since they are rather easy to target. With content traveling on the network it's much harder to say if it's legit or not.
> lots of countries
What about those countries that don't regulate it and people will keep pumping out better, leaner and faster models from there? Spreading software is trivial, all you achieve is the public won't be aware of what's possible.
The more I think about it if anything should be regulated that's a requirement to provide third party (probably government backed) ID verification system so it would be possible for my mom to know it's me calling here. Basically kill called ID spoofing.