You are being downvoted but your reasoning is absolutely correct. We nerds on the nerdy techie HN love to believe that people will act correctly if they are properly informed but people have repeatedly demonstrated that they don't care. This kind of regulation that only targets wording and nothing tangible will likely just blend into the background noise of 1000 other legally mandated notices in the fine print that people skip over. No surprise this is already a law in California which is littered with useless prop 65 warnings.