Venture Insights - “Duty of care” will refresh the Australian social media regulation debate, balancing Risk and Reward.

BRIEF: “Duty of care” will refresh the Australian social media regulation debate

Abstract: The Australian Government is tackling the harms of social media on a number of fronts. These include a proposed ban on 16-year-olds and younger from social media, and a new duty of care for social media platforms to minimise harmful content. We think these approaches balance risk and reward in a better manner than the mis/disinformation legislation, and have a much better chance of implementation. As a result, the duty of care will refresh the Australian social media regulation debate.