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Moore Sees Tech Like Tobacco | Business and Finance News
Description
Mike Moore, the ex-Mississippi AG who helped win the historic tobacco settlement, is now targeting social media giants—seeing eerie parallels in how companies knowingly hook young users. Meta just agreed to a $17 billion settlement with states over teen mental health damage, the largest yet in these lawsuits. Moore, now with the Attention Initiative, sees this as a crucial first step toward broader reforms—including a national public education fund to prevent addiction and mitigate harm. While praising the AGs for exposing industry abuses, he warns tech’s fluid nature makes it harder than tobacco to draw clear lines between harm and benefit. Still, he’s pushing for lasting fixes, especially that education fund, arguing it’s more effective than scattered local efforts—and more legal battles are sure to come.
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