The smart phone generation seem to have lower computer literacy than millennials largely due to smart phones hiding away a lot of the workings. In the UK age verification for adult sites came into force yesterday and like everywhere streaming services are getting very enshittified. This is going to lead kids to discovering tor, VPNs, pirating, how to make deep fakes (to fool ai based age verification), and other ways of getting what they want without restrictions.
It isn’t about protecting children. It’s about exploiting adults.
A majority of people, both children and adults, will successfully be exploited by this. Even if it is eventually repealed (which is unlikely, there are businesses set up dependent on this - we can’t deny investors their profits!), it’s already happening now.
This is probably a great time to invest in these businesses. Not that I would, out of principle, but it’s pretty obvious they’re going to make bank.
Palantir is already at a 600 p/e. Similar AI / Data security companies have valuations in the hundreds. The whole tech sector is a bloated pustule waiting for revenue growth that’s beyond speculative. You’re going fishing in a shark tank.
Invest at your own risk.