Perhaps this is an over-reaction. Surely there’s nothing disturbing about a group of all-powerful people taking steps to render themselves completely unaccountable to the rest of society, right? (Ha-ha, Peter Thiel I love you, please don’t ruin my life.)
A totally unrelated thing to consider: Weapons are amoral. They work just as well in the hands of a bad man as they do in the hands of a good one.