This is a regulatory capture attempt by Facezuck and any knee bending to that premise helps him in his evil world domination scheme
Also, if these billionaires cared about keeping kids safe, some very famous people would be in prison right now.
Zuck is no privacy advocate. But users care about privacy, and he most likely cares enough to take action because having to require online age verification will cost him users. If Facebook has to prompt to "upload selfie/ID" or "log in with your government ID app", many users will just choose to quit.