Draft of bill

As outlined by technology designers, economists, and former employers of social media giants, we can expect the current technology to continue exploiting our society unless we enact regulations. The regulations must change the profit model so companies are incentivized to care about human health and well-being, and to strengthen the fabric of society. 

One proposed way to do this is through taxing the collection of data, based on the amount and source type, to incentivize social media companies to limit how much data they have about consumers. 

These taxes would fund: 

• the attorney general's office to enforce the policy 
• social services directly related to technology exploiting Coloradans
  • technology exploitation awareness and previsions
  • education and outreach programs on technology literacy
  • therapy for anxiety, depression, and other common psychological effects of exploitative technology use
  • grants supporting Colorado responsible technology developers and deployers