They are deep questions.
Do you not already have electronic mirrors? There are several / many implementations from various manufacturers in Europe.
Remember 'your entertainment system failing (MCU1) not a safety issue' except if it effects demisting, wiper control, light control, backup camera etc etc?
Personally I think there is a good case for retaining old fashioned reflective mirrors for as long as there could be a human driver. The rear view mirrors with integrated monitor that I have seen do have some advantages, but also drawbacks that on balance leave the old fashioned mirror with plenty of value.
Of course no harm at all adding birds eye and other cool display / camera features, but with cameras still prone to problems like b-pillar cam condensation, I don't want to drive a car that relies on them.
Many of the US automotive laws were enacted many, many decades ago and have not been updated. Compared to Europe and Asia we are at least two decades old.
It’s only been a few years since an exception was given to the inside review mirror to allow an LCD and camera. These systems are better because you don’t get blocked views from passengers or the C pillar. They often have a wider field of view over the mirror and can be placed higher up closer to the roof. BUT the US only allowed it IF you could flip a switch and it turned into a regular mirror. Better than nothing.
For side mirrors I would think we could switch to the smallest legal size allowed as a backup and use interior HUD or LCD display as a primary.