They'd need to define what's social media and what's an appropriate limit and how it's displayed or enforced. That's going to be an interesting quagmire. Might be nothing but "parental advisory" stickers on webpages and apps. Might be a vaguely worded arbitrary law that's used whenever it's convenient. Might just be a clickbait headline.
I'm just waiting for all the tech companies to squeal ..."...its too hard ...."
My observation is this is what they normally do when they do ont want to do "something"