A Massive New Study of 183,000 People Says This Is What Happens When You Spend Too Much Time Online. (And, the Timing Was Perfect)

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A Massive New Study of 183,000 People Says This Is What Happens When You Spend Too Much Time Online. (And, the Timing Was Perfect)

‘It’s a damning picture.’

EXPERT OPINION BY BILL MURPHY JR., FOUNDER OF UNDERSTANDABLY AND CONTRIBUTING EDITOR, INC. @BILLMURPHYJR

A Massive New Study of 183,000 People Says This Is What Happens When You Spend Too Much Time Online. (And, the Timing Was Per

I feel like a science researcher’s dream might be to spend years on a massively new and far-reaching study, and to release it at exactly the right time to hit a news cycle.

Let’s start with the news cycle. Last week, a bipartisan coalition of 50 attorneys general announced that Meta had agreed — subject to court approval — to pay up to $17.1 billion and accept sweeping new child-safety restrictions on Facebook and Instagram.

A traffic ticket?

Meta reported $200.97 billion in revenue last year alone, so that’s about 8.5% of one year’s revenue.

I’ve seen this described as the equivalent of a traffic ticket for Meta, although that’s not actually a good metaphor.

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Imagine you got a $100 ticket for not coming to a complete stop before a right turn on red; it’s annoying but I’m going to bet you probably make more than $1,176.47 (same percentage), so the math would be off.

Still, 8.5% might be enough to notice, but not exactly crippling.

‘Wait, not everyone?’

So, we have to look to the rest of the deal that Meta signed, which, as Mike Isaac, who reports on big technology companies for the New York Times, summarized, includes:

Source: www.inc.com