It probably does mean it's better at least for the person with the perspective. Too bad only a very few get a seat at the table to advocate for their own interests. It would be better if everyone has agency to advocate for their interests.
> Also the problem isn't that bad ideas might get implemented, but that the legislature isn't willing or able to make updates to laws that encoded a bad idea
First, this is a hyped up crisis where some people are claiming it will end humanity. There have been many doomsday predictions & people scared by these predictions are effectively scammed by those fomenting existential fear. It's interesting that the representatives of large pools of capital are suddenly existentially afraid when there is open source competition.
Second, once something is in the domain of government it will only get more bloated & controlled by monied lobbyists. The legislatures controlled by lobbyists will never make it better, only worse. There have been so many temporary programs that continue to exist & expand. Many bloated omnibus bills too long to read passed under some sort of "emergency". The government's tendency is to grow & to serve the interests of the corporations that pay the politicians. Fear is an effective tool to convince people to accept things against their interests.