Earlier quoted context omitted.
I'm sorry you missed my point that regulation lags the tech and can do so for a very long time—usually because commercial and vested interests block safety regulations. Where would you like me to start? Perhaps asbestos, it's well known and well documented. 2000+ years ago the Romans were well aware of its dangers and called is effects 'the wasting disease', that's why they only sent slaves and prisoners to asbestos…
Well I'm not sure that's the point I would have taken away from your comment, but oh well... What it comes down to (which is what it always comes down to in capitalism), is capital. Accruing (and facilitating the accrual of) and protecting capital is the main function of the state, so it's only natural that regulations to protect regular people at the cost of a fraction of profits of the bourgeoisie, would take decad…
What truly grates me in this centuries-long battle is that those to whom you refer always end up on top. Capital is like a bobbing cork, no matter how far you sink it, it always has the power to resurface.