Two Of Apple's Largest Shareholders Urge Company To Address "iPhone Addiction" Among Kids

Of course, this is all part of a new theme in our growing nanny state which suggests that technology companies bear some responsibility for regulating how their products are used...you know, because grown adults can't possibly be expected to make responsible decisions for themselves or their children when it comes to social media usage.

As we pointed out just a few weeks ago, former Facebook executive, whose job it was to literally get the world hooked on the "internet crack" that is social media, made a similar plea when he called on people to take a "hard break" from the service which he now believes is "ripping apart the social fabric of how society works." Speaking to a group of students at the Stanford Graduate School of Business, Chamath Palihapitiya, who joined Facebook in 2007 and became its vice president for user growth, said that he feels "tremendous guilt" for his role in building the social media giant and warned that "if you feed the beast, that beast will destroy you..." (you can view the relevant portion of the interview here).

"I feel tremendous guilt."

"I think we have created tools that are ripping apart the social fabric of how society works. That is truly where we are."

"I would encourage all of you, as the future leaders of the world, to really internalize how important this is.  If you feed the beast, that beast will destroy you.  If you push back on it you have a chance to control it and reign it in."

"The short-term, dopamine-driven feedback loops we've created are destroying how society works.No civil discourse, no cooperation; misinformation, mistruth. And it's not an American problem — this is not about Russians ads. This is a global problem."

"So, we're in a really bad state of affairs right now, in my opinion.  It is eroding the core foundations of how people behave by and between each other."

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