Your system information

Steam client version (build number or date): 1687386907
Distribution (e.g. Ubuntu): Archlinux
Opted into Steam client beta?: No
Have you checked for system updates?: Yes
Steam Logs: steam-logs.tar.gz
GPU: AMD Radeon RX 570 8GB

Please describe your issue in as much detail as possible:

Arch Linux recently updated the libgudev and lib32-libgudev packages to version 238 in accordance with the release upstream. After updating, Steam crashes during launch. I have included the last couple lines before the crash below:

[...]
steamwebhelper.sh[32091]: glibc >= 2.34, partially disabling sandbox until CEF supports clone3()
CAppInfoCacheReadFromDiskThread took 144 milliseconds to initialize
Failed to init SteamVR because it isn't installed
Assertion 'device' failed at src/libsystemd/sd-device/device-private.c:103, function device_get_tags_generation(). Aborting.
crash_20230706184645_26.dmp[32280]: Uploading dump (out-of-process)
/tmp/dumps/crash_20230706184645_26.dmp
[...]

Downgrading libgudev and lib32-libgudev to version 237-2 works.

Steps for reproducing this issue:

Update libgudev and lib32-libgudev to version 238-1
Attempt to launch Steam
Steam aborts after updating and uploads a crash report

Temporary Workaround

Downgrading the libgudev and lib32-libgudev packages to version 237-2 is a temporarily workaround to get Steam to launch. The downgrade AUR package can be used to do this. Remember to update these packages when this issue is fixed.

Solutions

See this comment by devkarthin for a couple solutions.