USA - Sean Parker, the founding president of Facebook, says the company was designed to “consume as much of your time and conscious attention as possible” and warns the platform could affect developing minds in negative ways. At an Axios event Wednesday, Parker, 38, the billionaire co-founder of Napster and an early investor in Facebook, confessed that he has become “something of a conscientious objector” to social media, despite the fact that he made most of his $2.6 billion fortune from Facebook. Parker says he is now concerned about the “unintended consequences” the social media giant could have on users, especially children.