Well, pragmatically, I'd say no. We must judge regulations not by the well wishes and intentions behind them but the actual outcomes they have. These regulations affect people, jobs and lives.

The odds of the EU actually hitting a useful mark with these types of regulations, given their technical illiteracy, it's is just astronomically unlikely.

I think OP is criticising blindly trusting the regulation hits the mark because Meta is mad about it. Zuckerberg can be a bastard and correctly call out a burdensome law.