That's not quite right. For a decade, the silicon valley mantra was "Move fast and break things", and it was largely accepted as a good thing. The prevailing wisdom was that this "internet" thing was going to fundamentally change the structure of human society, and nothing would ever be the same again. We ignored the laws, and society broadly accepted that those laws weren't fit for this new world of abundance and information freedom anyway. Big tech was offered broad protection from any responsibility through laws such as Section 230, which basically says they can't be blamed for anything, as long as they structure their services as a "market".
After 20 years, I think we've found that actually the structure of human society has remained largely the same. The things we all need are still the same. The only thing we actually disrupted was the economy, such that we now can't produce and disburse the things we need.