We have to understand that we live in a world of digital mediation that has economic and non-economic effects, but how we govern these is through social structures.
When the car was invented, we decided there should be speed limits in front of schools and blood alcohol limits. It's the same here. In economics, you begin with norms. You define what you value, and then you work back from there with an appropriate tool kit. We do have the tool kits to achieve our norms, but we have to put our norms up front, and then we have to be cognizant of what's an effective tool kit to manifest it.
I think you have all the power in the world to create historic legislation here. I just want to see that you actually manifest the norms that you care about.