Parker said that he now sees himself as "something of a conscientious objector" to social media, despite the fact that he owes most of his massive $2.4 billion fortune to his involvement with Facebook.
"I don't know if I really understood the consequences of what I was saying", Parker told Allen, before noting "the unintended consequences" of a network growing to "a billion or two billion people".
"It probably interferes with productivity in weird ways", he continued.
"God only knows what it's doing to our children's brains", Parker said.
Confirming what you basically know, but probably don't want to think about too closely, Parker explained just how he and the other early Facebookers built the platform to "consume as much of your time and conscious attention as possible". It's something the creators of Facebook understood consciously, he said, but did it anyway.
Parker discussed the number of people that were against social media when Facebook first started, telling Parker that they'd never join the online world as they valued intimacy and living in the moment. Zuckerberg made amends for that, but he may not have expected the many critiques spoken by Facebook Ex-President Sean Parker at an Axios event.
Mr Parker became Facebook's first president after making hundreds of millions of dollars from the music-sharing service Napster.
Facebook has been attacked by one of its founding members for "exploiting a vulnerability in human psychology" and putting children's mental health at risk. Now he's the founder and chair of the Parker Institute for Cancer Immunotherapy.
Flying heaps of criticism land upon Facebook CEO Mark Zuckerberg on a regular basis.
Parker said he would tell early holdouts to the platform that "we'll get you eventually". "You know, you will be, '" Parker said.
In a blog post, Facebook's chief security officer Alex Stamos wrote that "we will continue to invest in our people and technology to help provide a safe place for civic discourse and meaningful connections on Facebook".
"Social media addiction is thought to affect around 5 percent of young people, with social media being described as more addictive than cigarettes and alcohol", the study stated.
Twitter doubles display name character to 50
This time though, it was just a tweet saying you can now add your middle name or a few emojis to your display name. Meant to also allow users more freedom of expression, the change wasn't exactly well-received by most users.
3 takeaways from win over Rutgers in Week 11
The Penn State defense stood strong enough and stopped the Scarlet Knights at the eight-yard line and allowed only a field goal. Trace McSorley accounted for 258 total yards and three touchdowns as No. 16 Penn State beat Rutgers 35-6 on Saturday.
Bale suffers new injury during rehab process
The new injury will increase speculation that he could be sold by Real Madrid , who could use his fee to reinvest in new recruits. Real Madrid attacking midfielder, Isco sympathises with Gareth Bale , after his recent injury setback.
Teenage Mutant Ninja Turtles Are Injustice 2 DLC
The reveal trailer does not show any gameplay sample yet, so it is hard to say how the action is with having all four characters. Injustice 2 will receive its final DLC character pack soon, and the characters have been announced in a new video.