> John Tye: As a publicly-traded company, Facebook is required to not lie to its investors or even withhold material information. So, the SEC regularly brings enforcement actions, alleging that companies like Facebook and others are making material misstatements and omissions that affect investors adversely.
For all I know, what she did is illegal. But I'm glad she did it, it was very brave and she puts herself at a lot of risk by doing it. If Facebook goes after her, they will undoubtedly get bad press and encourage government regulation and possibly even antitrust action.
Facebook and other social media aren't inherently bad, but the incentives are certainly there for them to amplify the worst of human nature. This is most likely a problem that needs people outside of Facebook (and all these other companies) to solve. I am 100% in agreement with her that it is a solvable problem.
Regardless, my whole point is that what she is doing is a positive and I salute her for it.
Also, just saw this (which says what I was saying, that going to the press can put her at legal peril): https://www.npr.org/2021/09/30/1042012393/facebook-whistlebl...
> Frances Haugen: And what's super tragic is Facebook's own research says, as these young women begin to consume this-- this eating disorder content, they get more and more depressed. And it actually makes them use the app more. And so, they end up in this feedback cycle where they hate their bodies more and more. Facebook's own research says it is not just the Instagram is dangerous for teenagers, that it harms teenagers, it's that it is distinctly worse than other forms of social media.
I just started listening to this https://www.audible.com.au/pd/More-Than-a-Body-Audiobook/035... which shows directly through research how this kind of depression leads to physical self harm.
Now I'm questioning why I even want to have an Instagram account.
Do I think motorcycles are harmful? No.
Vague terms should be avoided in laws. Vague terms with obvious political wiggle room should be avoided at all cost.