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Some of it can be accomplished by just setting universal demands for how social media works for all users:
Stuff like that. These kinds of regulations don't involve ID checks, and could take care of a big chunk of the problem.
This doesn't solve the problem at the core of social media. The inevitable comparison of fake lives on impressionable children/teens has been shown to cause depression, anxiety, and suicidal ideations. There is nothing that can be done algorithm or advertising wise that would stop that from happening.
If you do the 1st one, then most companies likely wouldn't bother with such algorithms anymore.
The ban target advertising would definitely be a more realistic solution than banning advertisements in general (which some people are advocating for here). I really am not a fan of ads and would love if they were banned, but I understand that it's not politically realistic due to what a large role they play in our economy.
Wut.
I should have been more clear. I mean banning advertising in general would not be realistic, so a ban on targeted advertising is a more realistic alternative