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Hit them where it hurts the most!
Meta, however, says the proposed reforms are unfeasible and could ultimately force it to shutdown its platforms in the state altogether. That's a good thing, no?
They'll never do that.
The data harvesting is worth more to them.
child safety, including universal age verification, de-encryption of children’s messages, a guardian account linked to every child’s account, and a child safety monitor
This is all the things and more that people here were loosing their shit over because there was a PR in systemd for adding a birthdate field.
They're requesting mostly wrong solutions for real problems.
Age verification doesn't address social media's problems, but does increase data collection and decrease privacy. Same for decrypting private messages.
A guardian account does seem reasonable.
They could also completely turn off user seach for minors, so they would have to add contacts by username or email, and couldn't reach or be reached easily by online strangers.
Minors could circumvent this if there's no age verification. But today's age verification methods are neither privacy-friendly nor hard to circumvent. Until they are, it's not worth requiring age verification.