Meta · Instagram · Facebook · NPR Technology
Meta settlement could reshape how social media companies treat young users
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Meta agreed to billions in payments and new protections for kids.
Key facts
- Last year, they had almost 45 states introducing over 300 bills and resolutions on social media
- In a landmark settlement, the tech giant Meta agreed to pay up to $17 billion and make changes to Instagram and Facebook
- And a lot of the money that Meta would pay in this settlement, $5 billion, is conditioned on some of those others signing
- The AI companies are at the beginning of Act 1 in terms of how they will engage with young people
Summary
How big of a deal was this week for the future of big tech? In a landmark settlement, the tech giant Meta agreed to pay up to $17 billion and make changes to Instagram and Facebook. The reporter mean, it sounds like you're optimistic about how much this is going to change, but not everyone shares that view. The AI companies are at the beginning of Act 1 in terms of how they will engage with young people. The reporter would say that social media platforms as distinguished - certainly from tobacco and even from opioids - have many positive roles to play in young people's lives. Accuracy and availability of NPR transcripts may vary.