Sure, it's possible for regulations to make things worse, i will agree. But without regulations it's pretty clear things are going to end up VERY bad, and the only knob we have to make it not bad is regulations. So it's important we try something, and work towards doing a good kind of regulation, or any one of the bad futures you imagine is pretty likely to come to pass.
Good regulations would be very nice! Mandatory transparency into training and dataset usage would be a benefit for all, for example. Some sort of regulation or incentives against the most corrosive enshittification (AI call centers, AI therapists, undisclosed AI entertainment mills, etc.) would also be an overwhelmingly popular proposition. And enforcement of the CFAA on operators who let malicious agents loose onto the open internet, or otherwise consume too many resources or violate robots.txt, might at least help the internet stay alive a little longer.