Or society could move on and accept that people progress. Also I am not aware of any instances where 30 year olds were punished for a racist joke they made with 13.
The only instance I remotely know, is of a german politician, who made a deeply racist and neonazi pamphlet when he was 17 - and the result was some public outcry but nothing else.
Still privacy is important, simply because those who do surveillance are not trustworthy either.