Your social media details are already on the internet – if you were worried about privacy, you should have read the fine print and never signed up to disclose your personal content on the internet in the first place.
At worst, the form may invoke fear amongst some alien denizens, who may or may not be deterred from committing any nefarious deeds for fear of being traced. Not exactly the most scientifically proven method of crime-prevention, but fairly standard for authoritarian states throughout time. Human Rights Watch also thinks the form “risks alienating foreign investors and tourists who play a major role in the Thai economy”... which is the standard response to xenophobic polices worldwide.
not change, nor will they be destroyed any more than usual.