00:00It's Benzinga bringing Wall Street to Main Street
00:02Head of Instagram Adam Mosseri testified Wednesday in a social media trial in Los Angeles
00:07that he disagrees with the idea that people can be clinically addicted to social media platforms,
00:12according to AP. Plaintiffs seek to hold meta-platforms and Google's YouTube responsible
00:17for harms to children. Mosseri said Instagram distinguishes between clinical addiction and
00:22problematic use, which he defined as spending more time on the app than users feel good about.
00:27Mosseri said Instagram earns less revenue from teens because they click fewer ads and have
00:32limited disposable income. Attorney Mark Lanier argued that research shows young users are more
00:37likely to remain on platforms long-term, making them valuable for future profit. Instagram says
00:42it has added features to improve safety for young users, but a report found that teen accounts were
00:47still recommended age-appropriate content. Meta-CEO Mark Zuckerberg is expected to testify next week.
00:53For all things money, visit Benzinga.com.
00:57that's a good video.声
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