Silicon Valley “needs to stop and think and impose guardrails before it launches products to market.”
Why would they? They've had unlimited freedom to do whatever they want for 30+ years. The only place ever doing anything to reign them in is the EU. The US thinks what they are doing is "capitalism", while they recklessly rewrite the fabric of society.
Law in the US ceased to exist on January 20, 2025. The rest of us are just going through the motions until the reality catches up. (So, while in the past, something might have happened, now, they will get medals.)