In a way, this is a good thing. Hopefully it will draw the attention of other countries and make them realize how important it is to prevent such data hoards, and hopefully once the US has recovered they'll learn from it like the Germans did from the Stasi.

Maybe California will even take it as an incentive to make proper privacy laws and impose it on anyone doing business in California in any way.

Unlikely. Other countries will watch and realise how important it is to collect their own data hoards so they can do it too.