Does Facebook's Privacy Policy Put Teens at Risk?

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Oct. 17 (Bloomberg) -- Common Sense Media Group founder James Steyer discusses teens and Facebook privacy issues. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

This responsibly.

You are not too excited about this move.

Facebook privacy changes like the weather.

The only thing you can be sure of is that they will change and these are basically changes to encourage teens and children -- remember there are a lot of kids under 13 on facebook, to post up without thinking about the consequences.

Does this put kids at risk?

They often sell for a deal before they self reflect.

They don't have that button that you and i do to edit what they are saying so they put out stuff that could be damaging or embarrassing to themselves and others, cyber bullying material as well.

Privacy advocates are really concerned about.

They can post publicly on twitter and instagram.

Why not?

They do not use personal identification like they do on facebook.

They require you to give your own name so it's much more likely to last and it's not 140 characters so it's different from what twitter does and instagram, we have challenged submissions there as well.

Bottom line, privacy matters to children's and teens.

Every parent and teacher knows that.

This is a monetization decision by facebook.

The more kids but their information out there, the more it can be used in sponsored stories.

You think they are losing some of the younger users.

No big challenge they are facing with teenagers and the underage teenagers who are in there by the millions are sneaking over to other services of facebook is trying to compete.

Yes, this is completely a business-driven decision.

Tell me about this underage underground population on facebook.

It's not that underground, emily.

Could have been lying about their age to get on facebook at age nine or 10. consumer reports said 7.5 million children under the age of 13 on facebook.

Today try to kick them off?

They do.

In some cases, their parents know but this is a business and they're desperately trying to grow that business and this is a critically important audience for them so they given as many opportunities to post dan publicly but the privacy implications are serious.

You do a lot of research about how kids use social media and the internet.

Do teenagers really want to post publicly?

Don't they just want to show their friends stuck?

They don't think and that's the problem.

The privacy rules changed again and no one can keep track and kids don't think.

They don't have that button that you and i hopefully have where we added and realize the implication.

Facebook is adding this pop-up mechanism to remind you that this could be seen by millions of people.

You do things that are not so smart.

They go out there and post stuff and some of it can be great but the downside risk really outweighs the benefit.

This is not being done to give the kids a voice.

It calls into question why we do this for children and teens.

If it were up to me and you, if i took over, i guess i would say i would not have anyone under 18 on the site.

Facebook is best for adults because they have the ability to make better decisions but i don't think that will happen.

All of these other social networks allow it.

There have been no rules for more than a decade.

They have written all the rules when it comes to privacy in their goal is to aggregate data and information to get you to share as much information as possible and monetize it in some way.

The challenge for teens is that it should be towards protecting the privacy of children and teens.

What do you think down the line that facebook will lose its luster with younger users?

They are not as cool anymore.

It was smart for mark zuckerberg to purchase instagram.

From a business standpoint, the fear is that they will lose a lot of people.

They have lost the cool factor and they are moving to ask.fm.

I think purely from a bloomberg business standpoint, facebook is very nervous that they will lose to other sites including twitter.

Jim steyer, thanks for

This text has been automatically generated. It may not be 100% accurate.

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