00:01And then down to me.
00:04Back my way.
00:06And then they come in.
00:08Looking over this way, yeah.
00:10Back down this way.
00:12I'll do one last one for the length.
00:14Sorry, everybody wants me to look stern.
00:16No, I just realized.
00:18Out over this way a little bit, yeah.
00:22A little bit closer.
00:24Innocent Little Girls at a Taylor Swift-themed dance party.
00:29Well, this is Australia calling time on social media.
00:35And the deceptive and harmful design features tethering our children to their platforms,
00:42gamifying it through endless scroll and snap streaks and autoplay,
00:48sending them down dangerous rabbit holes.
00:53It's built into the system to keep stickiness through outragement.
00:59So the reason the Andrew Tates of the world and the online misogynists are getting so much traction
01:05is because the system is built to promote that kind of outrage.
01:10So the U.S. is a big question mark of all this.
01:14There's a big free speech kind of component.
01:17We have young Australians who have literally taken their lives as a result of accessing these platforms.
01:23So when their lawyer wills back it up about, do you know about free speech?
01:29Well, do you know that we actually have laws?
01:33And we expect any company that is providing services in Australia to abide with our laws.
01:42And so that's another thing that's very interesting to me, this whole concept of technological exceptionalism.
01:49There is no other consumer facing industry in the world where we don't expect them to make sure that there are safety standards.
02:10Nothing that we do here in Australia undermines the freedom of speech of Americans.
02:18While the tech giants are extracting our citizens' data and commodifying our kids,
02:25which is why we have these expectations of safety,
02:29nothing that we do here prevents American platforms from showing anything they want.
02:35...that they're safe. You know, we don't import medicines or medical devices until they're out.
02:41It's built into the system to keep stickiness through outragement.
02:47And this is where I hear from the parents and the activists and everyday people in America.
02:54We wish we had an e-safety commissioner like you in America.
02:59We wish we had a government that was going to put tween and teen safety before technology profits.
03:07It's going to happen at the house level. But I'd also say that nothing that we do here in Australia...
03:16Right. Well, I mean, we've tried to be flexible and pragmatic in our approach and it will be firm when it needs to be.
03:23And, of course, the fine is $49.5 million.
03:28In my experience, after 22 years in the technology industry and nine years as a technology regulator,
03:36sometimes it isn't the regulation itself that is the impetus for doing the right thing.
03:44It's often the reputational damage and the undermining of trust with the public.
03:50And in Australia, the trust in the technology sector is very low.
03:56...to the social media delay that we're implementing. We've been operating for 10 years...
04:01...based abuse. And then we have systemic powers called the codes and standards.
04:06But I think one of the reasons they pushed so violently back against this policy is because it directly goes to revenue.
04:15And there are 2.5 million 8 to 15 year olds in Australia before this policy came through or other policies across Europe, for instance.
04:29The companies have had... We know 84% of 8 to 12 year old Australians had a social media account last year.
04:38So even with the age being 13, we know the preponderance of young people have been online.
04:45So they can no longer turn a blind eye.
05:00...
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