Good morning. Welcome, Naxios today. It's Wednesday, August 16. I'm Nailiburu. Today,

the shortage of 80 HD drugs in the U.S. Plus, the limits of autocratic economies. But first,

protecting child influencers. That's today's one big thing.

Most social media platforms don't allow children to have an account until they're 13. But

TikTok, YouTube and Instagram are flooded with pages run by adults, gaining income by using

young kids in their content. Well, Illinois has now become the first state in the country to pass

legislation to protect child social media influencers. The new law ensures children under 16

featured in online videos and platforms are compensated for their work. The bill was signed into law

last week, but doesn't go into effect until July 2024. Axios Chicago reporter Justin Kaufman

is here with the big picture and what this could mean beyond Illinois. Hey, Justin.

Hi, Naila. What exactly does this law entail?

This is a brand new territory for everybody. It's a new law. It's the first of its kind in the country.

While most online child protection laws are geared towards privacy, this one is geared towards

compensation. It targets parents who are making money off of kids' vlogs and online content

and just pocketing the cash. So now in the state of Illinois, if you do that, you have to put a

percentage of those earnings into a trust where the child will have access to it at the age of 18.

And if you don't, the law also lets the kids sue. Who was behind the push to create this law?

Yeah. Well, Illinois is a leader in the country already when it comes to legislating digital

companies. There have been several class action payouts over privacy, brands like TikTok, Facebook

and the latest Instagram. That has made Illinois one of the most stringent when it comes to

taking on digital privacy concerns. This isn't necessarily digital privacy. So it comes from

people coming forward to representatives down in Springfield in our state capital saying,

...