[1](https://www.marketscreener.com/quote/stock/META-PLATFORMS-IN...)
Meta reaches $17B settlement over social media harms to children
321–330 of 506 posts
Re: Meta reaches $17B settlement over social media harms to children
#322still feels like they got away easy for raping children's minds "Meta has long argued it could not have misled consumers about whether its services were addictive because "social media addiction" is not a recognized psychiatric condition." that's a nice escape hatch, considering that they are using all the tricks in the book (from online gambling, etc) and then some
Are we going to pretend that internet did not expose inappropriate content to children prior to Facebook?
Re: Meta reaches $17B settlement over social media harms to children
#323Earlier quoted context omitted.
There were definitely horrible places on the internet pre Facebook that were popular among kids like Rotten and Ogrish. But there was not a trillion dollar company investing billions of dollars and hundreds of scientists on research to attract and hook kids to their platform. This is not remotely comparable.
Doesn’t Facebook invest a significant part to protect their brand by limiting and censoring content? Last I checked Facebook didn’t have Rotten content on it.
Not really.
>Last I checked Facebook didn’t have Rotten content on it.
Instagram directly connects children with children predators. Surfacing content from one to the other.
Re: Meta reaches $17B settlement over social media harms to children
#324Earlier quoted context omitted.
There were definitely horrible places on the internet pre Facebook that were popular among kids like Rotten and Ogrish. But there was not a trillion dollar company investing billions of dollars and hundreds of scientists on research to attract and hook kids to their platform. This is not remotely comparable.
Doesn’t Facebook invest a significant part to protect their brand by limiting and censoring content? Last I checked Facebook didn’t have Rotten content on it.
Re: Meta reaches $17B settlement over social media harms to children
#325This is pretty shady. The $17B figure is much less impressive when a huge chunk of it is hinged on competitors choosing to hurt their business.
Re: Meta reaches $17B settlement over social media harms to children
#326Earlier quoted context omitted.
What % of META (shares) are owned by Meta Platforms Inc.? Don't get me wrong, I'm happy for e.g. Zuckerberg personally to be ordered to hand over all his shares as any given penalty, but as stated what you describe sounds like a way to avoid paying a penalty.
Meta Platforms Inc. can create shares out of thin air. Diluting existing shareholders by 10% would send a much stronger message than whatever's happening now.
The shareholders already can't remove Zuckerberg, he has 57% of voting control.
Re: Meta reaches $17B settlement over social media harms to children
#327still feels like they got away easy for raping children's minds "Meta has long argued it could not have misled consumers about whether its services were addictive because "social media addiction" is not a recognized psychiatric condition." that's a nice escape hatch, considering that they are using all the tricks in the book (from online gambling, etc) and then some
This is crazy, Meta is not solely responsible for people and kids having addiction to their phones (very similar if not identical to social media addiction). Gambling has regulations all the companies have to abide by. Social media and content platforms have nothing like that.
Re: Meta reaches $17B settlement over social media harms to children
#328Earlier quoted context omitted.
America defaults to free. That's very unsettling for those that prefer an authoritarian approach. Maybe all these state AGs knew there was a good chance of losing because the facts aren't as strong as the narrative?
> "America defaults to free. That's very unsettling for those that an authoritarian approach." The least insane general position is to always ask "Free for who to do what?" Freedom for you to try cocaine if you want? Ok, let's consider it, but let's have a serious discussion about public health and safety first because there are predictable public consequences to broader society. Freedom for someone to put cocaine in…
Re: Meta reaches $17B settlement over social media harms to children
#329Re: Meta reaches $17B settlement over social media harms to children
#330So if I write a book that your kid just can't stop reading it over and over again because I deliberately made it compulsively re-readable, and then your kid develops some kind of issues because my book is so interesting to him, you can sue me and win? I don't like that idea. Personally, I value free speech more than some supposed "harms" done to children by content. Content that they can easily stop consuming by just…
> Content that they can easily stop consuming by just closing the app.
If staying away from social media is this trivial to you I applaud your self discipline but googling 'social media addiction' suggests a very real phenomenon where people, children and adults alike, often find themselves incapable of self regulating their usage.