- in 3 seconds when in cruise
- in 1 second when on approach
- when in the landing phase - immediately!
Such a system would be certifiable.
Most modern airliners have ~10 "memory items" that are procedures that are to be recalled and applied immediately without consulting any checklists. Runaway stabilizer is such a memory item. But first you need to recognize the issue as such..
It bears to mention that the 737 is riding on it's "grandfathered" certification status from the 60's, getting a free pass on many newer requirements that are subjected to airliners designed today. This is why it doubly makes sense for the bean counters to not design a new aircraft.