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 Radio regulation has nothing to do with air ownership. A free for all would likely make radio useless. I am more in favor of private entities regulating frequency use, but controlling air has nothing to do with it. The main issues are related to safety and interference. 
 So the government currently “protects” us from radio spammers 
 I think the ownership question is important for the future because how can any private entity operate without the consent of the owner of the property? 

Also- if there is no human owner, how does the entity enforce “rules” on others? 

Force 
 The frequencies would hardly be useful if it was a free for all. The government isn't usually telling people that they can't emit signals in the air. They are telling people they can't interfere with certain other signals. Like taking over a radio station's broadcast. It serves no one. There would be no way to make radio useful if anyone could just broadcast on any frequency they want to at any time.

But I would like to see the frequencies privatized and courts used for property rights violations rather than massive institutions that really don't need to exist. There would be a human owner if they purchased it privately.

I also think it is dumb to apply the exact same standards to those in emergencies though. I can see a case for letting reasonable violations go in such cases. 
 Totally agree 🫡