Key Points
Australia's proposed plan to ban social media for teens has sparked a heated debate on its potential impact on young users. While the discussion on Reddit delved into various perspectives and opinions, as long-term passive investors, it's crucial to consider the broader implications of such a move from an ethical investing standpoint.
Summary of Discussion
One key point raised in the Reddit discussion was the potential negative impact on social media companies' revenue and stock performance. If Australia were to implement this ban, it could lead to a decrease in user engagement and advertising opportunities for these platforms, ultimately affecting their bottom line. As ethical investors, it's important to evaluate whether investing in companies that rely heavily on teenage users aligns with our values and long-term investment goals.
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