Meanwhile, we have an example from right next door in Australia that none of this works, and that it drives kids to use even more dangerous technologies (ChatGPT, FFS, which sycophantically reinforces user delusions, driving them to psychosis and suicide, or Roblox, which is so notorious as a site for predators that child safety on it has its own wikipedia article). And we also have examples from the UK, where the regulatory burden of complying with moderation requirements of their Online Safety Act has forced the shutdown of small internet forums. This has a very real impact on the freedom of expression of adults, but apparently, none of that matters: any amount of collateral damage is acceptable to our parliament of tyrants.
I was lucky enough to grow up in Aotearoa when it was still free. When the state couldn't say "papers, please" to you on the street, or on the internet. Our two major political parties now seem to be colluding to eliminate that freedom. Neither of them deserve your vote. And if they pass this law, like other tyrannies, their state deserves neither your support or your loyalty.
(There are other suggestions in the report which are worth pursuing, such as adopting the EU Digital Services Act model of making platforms responsible for online harm, regulating algorithims so they can't shovel shit onto our feeds, banning non-consensual deepfake pornography, and aligning online and offline advertising restrictions. Sadly, those are the bits parliament is likely to chuck out, in favour of the stupid, simple and intrusive age ban / identification requirement, because our MPs prefer easy headlines to doing the actual work of designing good regulation...)