Apple even provide a handy Android app for locating them.
https://play.google.com/store/apps/details?id=com.apple.trac...
The societal harm from allowing cheap silent tracking of people is greater than the benefit of recovering stolen bags.
No, I do not want the solution to this problem to be adding AirTags to the government panopticon.
They have also done videos like https://www.youtube.com/watch?v=JJwdhWM9d0Y where they show Find My as a tool for theft prevention, although in that case it's a Macbook not an Airtag.
Took them half a year and public pressure to develop something. 3 years for a joint standard (DULT) with google after google developed something by themselves.
There is always pressure required for those things...
Many, many people used them for stalking. I personally know somebody whose estranged husband did. I try to keep myself pretty ignorant of Apple products, and it was the first time I got a detailed explanation of how they worked.