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Re:Bill to ban social media for Texans under 18 by bradlys on Friday December 09, 2022 @01:48PM (#33925017)
Cultural change. Loss of their political power. Less consolidation of capital.
Re:Bill to ban social media for Texans under 18 by Shared404 on Friday December 09, 2022 @02:31PM (#33925533)
^ this is a good summary.

E for more detail: Most individuals who feel this way fear at least one of these greatly, and may or may not fear the others. The people I am thinking of mostly fall in the "cultural change" category. See (https://news.ycombinator.com/item?id=33924352) for one example.