Lots of layers to this analogy, given the damage our use of oil is causing.
Companies are going to learn that using LLMs without paying proper consideration to data governance is a recipe for large fines and worse (such as being required to throw out entire models because their provenance violates data subjects' privacy rights).
I think we'll see a national privacy law in the United States at some point in the next five years. There's appetite for it in both major parties (Democrats to protect bodily autonomy, Republicans to stick it to Big Tech), and I think the targets of the regulations themselves will at some point lobby for a consistent national law rather than the patchwork of state laws that we have now.
many direct analogies indeed