No, that's not how it works. People make stupid mistakes which hurt them (and others), but rather than realise it was them that did something stupid, they blame everyone and everything else, and then do the same thing, over and over again, secure in the knowledge that they are smart and doing the right thing.I honestly think when people make significant mistakes, it hurts them so bad they usually work very hard to not make them again.
I agree that stupidity NEEDS to be allowed to run its course through idiots.
“Insanity is doing the same thing over and over again and expecting different results.”
Two things - Dunning-Kruger, and Stupidity Matrix: https://agrowthmind.com/2020/09/22/dunning-kruger-effect-the-laws-of-stupidity-and-why-i-hate-gurus/
In general people don't need protection from Big Companies, but from themselves and others like them - many of them also go into politics and make laws based on their own incompetence and stupidity.