>>> GOOD MORNING, EVERYBODY. >> WHERE IS THE ECONOMY HEADING? THERE ARE FEW PEOPLE WHO UNDERSTAND THIS COMPLICATED
MOMENT BETTER THAN JANET YELLEN. THE TREASURY SECRETARY IS AN ECONOMIST WHO PREVIOUSLY CHAIRED THE FEDERAL RESERVE.
WE ASKED HER ABOUT A WIDE RANGE OF ISSUES THAT ARE AFFECTING AMERICAN FAMILIES IN A REAL WAY EVERY DAY.
>> WHEN I TALK TO BUSINESS LEADERS, THEY SAY WE'RE PREPARING FOR A RECESSION. SO SOME SAID TO ME, ASK THE
TREASURY SECRETARY, WHAT DOES SHE KNOW THAT WE DON'T KNOW? >>> MORE THAN 150 LAWSUITS AGAINST SOCIAL MEDIA COMPANIES
WILL MOVE FORWARD NEXT YEAR. TONIGHT, YOU'LL HEAR FROM SOME OF THE FAMILIES WHO ARE TAKING THEM ON.
>> WE'RE BEING GASLIGHTED BY THE BIG TECH COMPANIES THAT IT'S OUR FAULT. WHEN REALLY WHAT WE SHOULD BE
DOING AS PARENTS IS BANNING TOGETHER AND SAYING, NO, YOU NEED TO DO BETTER. I'M DOING EVERYTHING I CAN.
YOU NEED TO DO BETTER. >>> YOU CAN'T WAVE A WAND AND MAKE INTOLERANCE, HARDSHIP AND VIOLENCE DISAPPEAR, BUT YOU CAN
USE MAGIC TO TRY. >> EVERYBODY, THE MAGIC -- >> Reporter: WE LEARNED THAT AFTER VISITING REMARKABLE SCHOOL
IN CAPE TOWN, SOUTH AFRICA, CALLED COLLEGE OF MAGIC. WHILE IT'S NOT AN ACCREDITED INSTITUTION, IT IS A REAL LIFE
HOG WARTS. SCHOOL FILLED WITH STUDENTS FROM PRIVILEGE AND FROM POVERTY. >> ONE, TWO, THREE -- HOKUS
POKUS. >>> I'M LESLEY STAHL. >> I'M BILL WHITAKER. >> I'M ANDERSON COOPER.
>> I'M SHARYN ALFONSI. >> I'M JON WERTHEIM. >> I'M NORAH O'DONNELL. >> I'M SCOTT PELLEY.
THOSE STORIES AND MORE TONIGHT ON "60 MINUTES >>> AS INFLATION HOVERS AT A 40-YEAR HIGH, THE PANDEMIC
LINGERS AND THE WAR IN UKRAINE RAGES, A GROWING NUMBER OF ECONOMISTS AND CEOs ARE SAYING THE U.S. IS HEADED FOR A
RECESSION. THE SECRETARY OF THE TREASURY, JANET YELLEN, ESSENTIALLY THE NATION'S CHIEF FINANCIAL
OFFICER, SAYS SHE'S DOING EVERYTHING IN HER POWER TO AVOID ONE. YELLEN SAN ECONOMIST WITH OVER
50 YEARS OF EXPERIENCE, AND THE FORMER CHAIR OF THE FEDERAL RESERVE. THE U.S. CENTRAL BANK IN CHARGE
OF SETTING AMERICAN INTEREST RATES. SHE KNOWS BETTER THAN MOST ABOUT THE DELICATE BALANCE OF TRYING
TO ENGINEER AN ECONOMY THAT KEEPS INFLATION AT BAY WITHOUT CAUSING WIDESPREAD LAYOFFS AND A DOWNTURN.
WE WANTED TO FIND OUT WHAT LIES AHEAD IN THE NEW YEAR, SO WE SPENT THE PAST WEEK WITH SECRETARY YELLEN TO GET AN
UPDATE ON THE ECONOMY. WHAT IS 2023 GOING TO LOOK LIKE FOR THE AVERAGE CONSUMER? >> SO, I BELIEVE INFLATION WILL
BE LOWER. I AM VERY HOPEFUL THAT THE LABOR MARKET WILL REMAIN QUITE HEALTHY SO THAT PEOPLE CAN FEEL GOOD
ABOUT THEIR FINANCES AND THEIR PERSONAL ECONOMIC SITUATION. >> Reporter: IT'S BEEN DECADES SINCE THE AMERICAN CONSUMER HAS
HAD TO DEAL WITH INFLATION LIKE THIS. >> YES. AND I HOPE THAT IT WILL BE SHORT
LIVED. WE LEARNED A LOT OF LESSONS FROM THE HIGH INFLATION WE EXPERIENCED IN THE 1970s, AND
WE'RE ALL AWARE THAT IT'S CRITICALLY IMPORTANT THAT INFLATION BE BROUGHT UNDER CONTROL AND NOT BECOME ENDEMIC
TO OUR ECONOMY. AND WE'RE MAKING SURE THAT THAT WON'T HAPPEN. >> Reporter: SECRETARY YELLEN
TOLD US SHE SEES POSITIVE SIGNS ON THE HORIZON THAT MANY OF THE UNDERLYING CAUSES ARE SLOWLY BEING RESOLVED.
>> FIRST OF ALL, SHIPPING COSTS HAVE COME DOWN. DELIVERY LAGS, WHICH WERE VERY LONG, THOSE HAVE SHORTENED.
>> Reporter: GAS PRICES DOWN? >> GAS PRICES ARE WAY DOWN. I THINK WE'LL SEE A SUBSTANTIAL REDUCTION IN INFLATION IN THE
YEAR AHEAD. >> Reporter: IT'S GOING TO TAKE A YEAR? >> WELL, I BELIEVE BY THE END OF
NEXT YEAR YOU WILL SEE MUCH LOWER INFLATION. IF THERE'S NOT AN UNANTICIPATED SHOCK.
>> Reporter: BUT FOR FAMILIES WHO ARE PAYING MORE AT THE GROCERY STORE, WHEN 2023 COMES AROUND, DO THEY NEED TO BE
WORRIED ABOUT A RECESSION? >> THERE ARE ALWAYS RISKS OF A RECESSION. THE ECONOMY REMAINS PRONE TO
SHOCKS. BUT LOOK, WE HAVE A VERY HEALTHY BANKING SYSTEM. WE HAVE VERY HEALTHY BUSINESS
AND HOUSEHOLD SECTOR. >> Reporter: YOU HAVE SAID THIS, YOU DO NOT BELIEVE THERE WILL BE A RECESSION NEXT YEAR?
>> THERE'S A RISK OF RECESSION, BUT IT CERTAINLY ISN'T, IN MY VIEW, SOMETHING THAT IS NECESSARY TO BRING INFLATION
DOWN. >> Reporter: IN RECENT WEEKS, AMAZON, DOORDASH, META, CBS NEWS PARENT COMPANY PARAMOUNT AND
PEPSI ALL HAD LAYOFFS. WHEN I TALK TO BUSINESS LEADERS, THEY SAY WE'RE PREPARING FOR A RECESSION.
SO SOME HAVE SAID TO ME, ASK THE TREASURY SECRETARY, WHAT DOES SHE KNOW THAT WE DON'T KNOW? >> WELL, ECONOMIC GROWTH IS
SLOWING SUBSTANTIALLY AND BUSINESSES SEE THAT. LOOK, WE HAD A VERY RAPID RECOVERY FROM THE PANDEMIC.
ECONOMIC GROWTH WAS VERY HIGH. AND THERE WAS A SURGE IN HIRING, PUT PEOPLE BACK TO WORK. WE GOT PEOPLE BACK TO WORK.
WE CLOSED THAT GAP. WE HAVE A HEALTHY LABOR MARKET TO BRING DOWN INFLATION AND BECAUSE ALMOST EVERYBODY WHO
WANTS A JOB HAS A JOB, GROWTH HAS TO SLOW. >> Reporter: WHEN YOU SAY GROWTH HAS TO SLOW, THAT MEANS HIRING?
>> WE ARE AT OR BEYOND FULL EMPLOYMENT. AND SO, IT IS NOT NECESSARY FOR THE ECONOMY TO GROW AS RAPIDLY
AS IT HAS BEEN GROWING TO PUT PEOPLE BACK TO WORK. >> Reporter: JANET YELLEN HAS SPENT HER CAREER IN ECONOMICS,
FOCUS ON PUTTING PEOPLE TO WORK. AS HEAD OF THE SAN FRANCISCO FEDERAL RESERVE IN 2009 THE MIDDLE OF THE GREAT RECESSION,
SHE GAVE HER STAFF SOME MEMORABLE MARCHING ORDERS. >> I TRIED TO REMIND THEM THAT THERE ARE PEOPLE BEHIND THE
STATISTICS THAT WE LOOK AT. THAT THERE ARE REAL PEOPLE, AND WE REALLY HAVE TO WORRY ABOUT THEIR WELL BEING.
>> Reporter: THOUSANDS OF PEOPLE WERE BEING LAID OFF, AND YOU TRIED TO REMIND EVERYBODY THAT, THIS IS NOT ABOUT STATISTICS,
RIGHT? >> I SAID THEY'RE [ BLEEP ] PEOPLE. AND I WANTED PEOPLE THAT WORK
FOR ME TO TAKE SERIOUSLY THE HARM AND MISERY THAT WAS BEING EXPERIENCED BY ALL TOO MANY AMERICANS.
>> Reporter: HOW DOES THAT AFFECT HOW YOU SET POLICY, HOW YOU OPERATE HERE? >> ONE HAS TO REALIZE THAT
PEOPLE ARE REALLY SUFFERING. AND I TRY TO MAKE SURE THAT EVERYBODY REMEMBERS WE'RE IMPLEMENTING PROGRAMS THAT
AFFECT PEOPLE'S LIVES. AND WE NEED TO DO IT WITH A SENSE OF COMPASSION AND URGENCY. >> Reporter: SECRETARY YELLEN
TOLD US OUTSIDE OF THE U.S. ECONOMY, THE ISSUE SHE SPENDS THE MOST TIME ON IS THE WAR IN UKRAINE.
THE ONLY NATION'S FLAG WE SAW IN THE HALLS OF TREASURY BESIDES THE STARS AND STRIPES WAS THE BLUE AND YELLOW OF UKRAINE.
YOU HAVE SAID THAT ENDING RUSSIA'S WAR AGAINST UKRAINE IS THE SINGLE BEST THING WE CAN DO FOR THE GLOBAL ECONOMY.
>> YES. >> Reporter: DO YOU SEE ANY EVIDENCE THAT THAT END IS IN SIGHT?
>> WE'RE DOING EVERYTHING WE CAN TO BRING THIS WAR TO A CONCLUSION. OF COURSE, WE'RE PROVIDING
CONSIDERABLE HELP TO UKRAINE BOTH MILITARY AND ECONOMIC. GOOD MORNING, EVERYBODY. >> Reporter: THE AGENCY IN
CHARGE OF IMPLEMENTING MORE THAN 1,000 SANCTIONS ON THE RUSSIAN BANKING, ENERGY AND MILITARY INDUSTRIES ISN'T THE STATE
DEPARTMENT OR THE PENTAGON, IT'S THE TREASURY. YELLEN HAS PUT 41-YEAR-OLD DEPUTY SECRETARY WALLY YATAYAMO
IN EFFORTS TO TRY TO CRIPPLE THE RUSSIAN ECONOMY AND DEPRIVE THE RUSSIAN MILITARY OF WHAT IT NEEDS TO FIGHT.
MUCH OF THE FINANCIAL WAR AGAINST RUSSIA IS BEING FOUGHT FROM BEHIND THESE CLOSED DOORS AT TREASURY IN ROOMS CALLED
SECURE, COMPARTMENTALIZED INFORMATION FACILITY. OR SCIFS. WHAT CAN YOU DO IN THESE ROOMS
THAT WILL LIMIT RUSSIA'S INVASION ON UKRAINE? >> WE ALSO SEE INTELLIGENCE ABOUT WHAT RUSSIA NEEDS TO
CONTINUE ITS WAR IN UKRAINE. >> Reporter: SO HOW MUCH TIME DO YOU SPEND IN THE SCIF'S? >> I WILL SPEND SOMETIMES HOURS
A DAY -- >> Reporter: HOURS A DAY. >> YEAH. AND THE SECRETARY AND I WILL DO
A FEW MEETNESS THERE A WEEK TOGETHER WITH THE TEAM TO REVIEW OUR PROGRESS ACROSS A NUMBER OF ISSUES.
>> Reporter: THE DEPUTY SECRETARY TOLD US LIMITING RUSSIA'S SUPPLY OF EVERYTHING FROM MICROCHIPS TO BALL BEARINGS
HAS MADE A DIFFERENT ON THE BATTLEFIELD. TAKE ME BEHIND THE SCENES ABOUT HOW YOU KNOW THAT THE SANCTION
THAT YOU HAVE AND OTHER COUNTRIES HAVE IMPOSED IS REALLY HAVING AN EFFECT? >> I WON'T TELL YOU ABOUT ANY
INTELLIGENCE THAT I'VE SEEN, BUT I CAN TELL YOU RUSSIA'S TOP TANK PRODUCERS SHUT DOWN THEIR OPERATIONS AND MADE THIS PUBLIC
BECAUSE THEY CAN'T GET THE EQUIPMENT THEY NEED. >> Reporter: U.S. AND ALLIED SANCTIONS HAVE TAKEN A
SIGNIFICANT TOLL ON RUSSIA'S MILITARY. BUT CBS NEWS HAS LEARNED SOME OF THE CRUISE MISSILES THAT RUSSIA
LAUNCHED IN ATTACKS ON THE UKRAINIAN CAPITAL OF KYIV ON NOVEMBER 23rd WERE MADE IN RUSSIA JUST WEEKS EARLIER.
DOES THAT SUGGEST THAT RUSSIA IS EVADING SOME OF THESE SANCTIONS THAT YOU'RE CRAFTING RIGHT HERE AT THE TREASURY DEPARTMENT?
>> SO, I DON'T KNOW THE DETAILS ON THESE MISSILES. I WOULD SAY THAT RUSSIA'S ABILITY TO SUPPLY ITS MILITARY
HAS BEEN VERY SIGNIFICANTLY ERODED BY THE SANCTIONS AND THE EXPORT CONTROLS. >> Reporter: STARTING THIS PAST
WEEK, THE G7 WHICH INCLUDES THE U.S. AND THE EUROPEAN UNION PLUS AUSTRALIA AGREED TO A PRICE CAP OF $60 A BARREL ON RUSSIAN OIL.
THE ELABORATE PLAN EIGHT MONTHS IN THE MAKING CAME TOGETHER JUST AS EUROPE PLACED A BAN ON THE IMPORTATION OF RUSSIAN OIL.
RAISING FEARS OF A PRICE SPIKE THAT WOULD HIT A CONTINENT ALREADY SUFFERING FROM HIGH ENERGY PRICES.
WHAT DOES THIS PRICE CAP ON RUSSIAN OIL DO? WHAT'S THE GOAL? >> THE FIRST GOAL IS TO LIMIT
THE REVENUE THAT RUSSIA RECEIVES, AND WE WANT TO MAKE SURE THAT THEY DON'T GET ROOM FULL OF PROFITS, BUT THE SECOND
GOAL IS ONE THAT CONCERNS AMERICANS AND COUNTRIES ALL AROUND THE WORLD, AND THAT IS WE WANT TO KEEP RUSSIAN OIL FLOWING
BECAUSE RUSSIA IS A SIGNIFICANT SUPPLIER OF OIL TO THE MARKETS. SO, THOSE ARE OUR TWO GOALS. SUPPRESS RUSSIAN REVENUE, MAKE
IT MORE DIFFICULT FOR THEM TO FIGHT THE WAR AND KEEP GLOBAL PRICES IN A MODERATE RANGE AND AVOID SPIKES.
>> Reporter: THAT'S A PRETTY DELICATE BALANCE. >> IT IS. IT'S NEW.
THE PRICE CAP ONLY WENT INTO EFFECT AT THE BEGINNING OF THIS WEEK, BUT I WOULD SAY SO FAR SO GOOD.
>> Reporter: THE AMERICAN PEOPLE HAVE COMMITTED 38 BILLION TO MILITARY AID TO UKRAINE. AN ADDITIONAL 13 BILLION IN
DIRECT AID TO PROP UP THE UKRAINIAN ECONOMY. HOW LONG CAN THAT SUPPORT AND BILLIONS OF DOLLARS CONTINUE FOR
UKRAINE? >> FOR AS LONG AS IT TAKES. >> Reporter: THE U.S. TREASURY WAS SET UP TO FINANCE ANOTHER
WAR, THE WAR OF INDEPENDENCE AGAINST GREAT BRITAIN, BEFORE THE U.S. EVEN EXISTED. IT IS THE OLDEST DEPARTMENTAL
BUILDING IN WASHINGTON, WHERE AS THE 78th SECRETARY, JANET YELLEN, MADE HISTORY. >> I AM THE FIRST WOMAN.
>> Reporter: AH. SO THIS IS YOUR OFFICE? >> THIS IS MY OFFICE. >> Reporter: YELLEN ENJOYS A
PERSONAL CONNECTION TO ANOTHER TREASURY SECRETARY WHO ONCE MADE HISTORY HIMSELF. >> THIS IS ANOTHER PORTRAIT OF
HAMILTON. >> Reporter: AND YOU ACTUALLY WENT TO HAMILTON HIGH SCHOOL IN BROOKLYN?
>> I DID. IT WAS NAMED AFTER HAMILTON, OF COURSE. >> Reporter: DID YOU EVER THINK
I WOULD FOLLOW IN HIS FOOTSTEPS? >> I CERTAINLY NEVER THOUGHT OF IT AT THE TIME. I DIDN'T EVEN KNOW THAT I WOULD
STUDY ECONOMICS. >> Reporter: SHE WAS BORN IN BAY RIDGE, BROOKLYN, AFTER GRADUATING FROM BROWN
UNIVERSITY, THE SECRETARY EARNED A Ph.D. IN ECONOMICS FROM YALE IN 1971. SHE WAS THE ONLY WOMAN IN HER
CLASS. THE NOTES SHE TOOK AS A TEACHING ASSISTANT ARE PASSED DOWN BY GRADUATE STUDENTS TO THIS DAY.
MORE THAN HALF A CENTURY LATER, THIS PAST THURSDAY WE FOLLOWED SECRETARY YELLEN TO FT. WORTH, TEXAS, TO SEE THE FIRST DOLLAR
BILLS WITH HER SIGNATURE GO INTO PRODUCTION. HOT OFF THE PRESS. >> OH MY GOSH.
OH, THAT'S FANTASTIC. THAT'S WONDERFUL. I'M REALLY EXCITED. THAT'S JUST GREAT.
>> Reporter: THIS BUREAU OF ENGRAVING AND PRINTING PLANT IS PART OF TREASURY AND ONE OF ONLY TWO SITES IN THE NATION THAT
PRINT AMERICAN CURRENCY. $2 TRILLION WORTH IS CURRENTLY IN CIRCULATION WORLDWIDE, MOST OF IT PRINTED HERE.
>> OH MY GOSH, LOOK. >> Reporter: THIS OCCASION MARKED THE FIRST TIME IN THE NATION'S NEARLY 250 YEAR HISTORY
THAT THE TWO SIGNATURES ON THE DOLLAR, U.S. TREASURER AND SECRETARY OF THE TREASURY WERE BOTH SIGNED BY WOMEN.
>> I WISH MY PARENTS WERE ALIVE TO SEE THIS. >> YEAH, YEAH. >> I THINK THEY WOULD FIND IT
VERY EXCITING. >> Reporter: YOU HAD MANY FIRSTS. THE FIRST FEMALE HEAD OF THE
FED, THE FIRST FEMALE HEAD OF THE U.S. TREASURY, AND NOW TO SEE YOUR NAME ON THESE DOLLAR BILLS, WHAT DOES THAT MEAN?
>> WELL, I'M IMMENSELY HONORED BY IT, BUT YOU KNOW, OUR CURRENCY IS REALLY ABOUT OUR VALUES AND OUR SENSE OF
OURSELVES AS A NATION. AND THEY SIGNIFY A SOUND ECONOMY, A STRONG FINANCIAL SYSTEM AND A COUNTRY THAT'S ABLE
TO PRODUCE CURRENCY THAT REALLY IS THE STANDARD AROUND THE WORLD. >>> WHEN WHISTLEBLOWER FRANCES
HAUGEN PULLED BACK THE CURTAIN ON FACEBOOK LAST FALL, THOUSANDS OF PAGES OF INTERNAL DOCUMENTS SHOWED TROUBLING SIGNS THAT THE
SOCIAL MEDIA GIANT KNEW ITS PLATFORMS COULD BE NEGATIVELY IMPACTING YOUTH AND WERE DOING LITTLE TO EFFECTIVELY CHANGE IT.
WITH AROUND 21 MILLION AMERICAN ADOLESCENTS ON SOCIAL MEDIA, PARENTS TOOK NOTE. TODAY, THERE ARE MORE THAN 1,200
FAMILIES PURSUING LAWSUITS AGAINST SOCIAL MEDIA COMPANIES, INCLUDING TIKTOK, SNAPCHAT, YOUTUBE, META, THE PARENT
COMPANY TO INSTAGRAM AND FACEBOOK. MORE THAN 150 LAWSUITS WILL BE MOVING FORWARD NEXT YEAR.
TONIGHT, YOU'LL HEAR FROM SOME OF THE FAMILIES SUING SOCIAL MEDIA. WE WANT TO WARN YOU THAT SOME OF
THE CONTENT IN THIS STORY IS ALARMING, BUT WE THOUGHT IT WAS IMPORTANT TO INCLUDE BECAUSE PARENTS SAY THE POSTS IMPACTED
THEIR KID'S MENTAL HEALTH AND IN SOME CASES HELPED LEAD TO THE DEATH OF THEIR CHILDREN. >> THEY'RE HOLDING OUR CHILDREN
HOSTAGE AND THEY'RE SEEKING AND PREYING ON THEM. >> Reporter: PREYING ON THEM? >> YES.
>> Reporter: THE SPENCE FAMILY IS SUING SOCIAL MEDIA GIANT META, KATHLEEN AND JEFF SPENCE SAY INSTAGRAM LED THEIR DAUGHTER
ALEXIS INTO DEPRESSION AND TO AN EATING DISORDER AT THE AGE OF 12. >> WE REALIZED THAT WE WERE
SLOWLY LOSING HER. WE REALLY HAD NO COMPREHENSION TO HOW SEVERE SOCIAL MEDIA HAD AFFECTED OUR DAUGHTER.
SHE WAS BEING DRAWN INTO THIS HIDDEN SPACE AND THIS DARK WORLD. >> Reporter: IT BEGAN AFTER THE
SPENCE'S BOTH MIDDLE SCHOOLTEACHERS FROM LONG ISLAND, NEW YORK, GAVE 11-YEAR-OLD ALEXIS A CELL PHONE TO KEEP IN
TOUCH WITH THEM AFTER SCHOOL. >> WE HAD VERY STRICT RULES FROM THE MOMENT SHE HAD THE PHONE. THE PHONE WAS NEVER ALLOWED IN
THE ROOM AT NIGHT. WE WOULD KEEP THE PHONE IN THE HALL. >> WE CHECKED THE PHONE.
WE PUT RESTRICTIONS ON THE PHONE. >> I WOULD WAIT FOR MY PARENTS TO FALL ASLEEP AND JUST SIT IN
THE HALLWAY OR SNEAK MY PHONE IN MY ROOM. I WASN'T ALLOWED TO USE A LOT OF APPS AND THEY HAD A LOT OF THE
PARENTAL CONTROLS ON. >> Reporter: SO HOW QUICKLY DID YOU FIGURE OUT A WAY AROUND THE RESTRICTIONS?
>> PRETTY QUICKLY. >> Reporter: HOPING TO CONNECT AND KEEP UP WITH FRIENDS, ALEXIS JOINED INSTAGRAM.
INSTAGRAM POLICY MANDATES USERS ARE 13 YEARS OLD. ALEXIS WAS 11. I THOUGHT YOU HAD TO BE 13?
>> IT ASKS YOU ARE YOU 13 YEARS OR OLDER. I CHECKED THE BOX YES AND JUST KEPT GOING.
>> Reporter: AND THERE WAS NEVER ANY CHECKS. >> NO. NO VERIFICATION OR ANYTHING LIKE
THAT. >> Reporter: IF I PICKED UP YOUR PHONE, WOULD I HAVE SEEN THE INSTAGRAM APP ON THERE?
>> NO. THERE ARE APPS YOU CAN USE TO DISGUISE AS ANOTHER APP SO YOU COULD DOWNLOAD A CALCULATOR,
CALCULATOR BUT IT'S REALLY INSTAGRAM. >> THERE WAS ALWAYS SOME WORK AROUND.
>> Reporter: SHE WAS OUT WHITING YOU? >> RIGHT. >> SHE WAS ADDICTING TO SOCIAL
MEDIA. AND WE COULDN'T STOP IT. IT WAS MUCH BIGGER THAN US. >> NOW, 20, ALEXIS SAYS AN
INNOCENT SEARCH ON INSTAGRAM FOR FITNESS ROUTINES LED HER INTO A DARK WORLD. >> STARTED AS FITNESS STUFF AND
THEN I GUESS THAT WOULD SPARK THE ALGORITHM TO SHOW ME DIETS. THEN STARTED TO SHIFT INTO EATING DISORDERS.
>> Reporter: WHAT WERE YOU SEEING? >> PEOPLE WOULD POST PHOTOS OF THEMSELVES WERE VERY SICKLY OR
THIN AND USING THEM TO PROMOTE EATING DISORDERS. >> Reporter: THESE ARE SOME OF THE IMAGES THAT WERE SENT TO
ALEXIS THROUGH INSTAGRAM'S ALGORITHMS, WHICH PROCESS THE USER'S BROWSING HISTORY AND PERSONAL DATA THEN PUSH CONTENT
TO THEM THEY NEVER DIRECTLY ASKED FOR. WHAT DID YOU LEARN FROM LOOKING AT THESE PROANOREXIC WEBSITES?
>> A LOT. LEARNING ABOUT DIET PILLS AND HOW TO LOSE WEIGHT WHEN YOU'RE 11 AND GOING THROUGH PUBERTY AND
YOUR BODY IS SUPPOSED TO BE CHANGING. IT'S HARD. >> Reporter: WHEN DID THAT STOP
BEING SOMETHING THAT YOU LOOKED AT AND START BEING SOMETHING THAT YOU WERE DOING TO YOURSELF? >> WITHIN MONTHS.
>> Reporter: DID IT NORMALIZE IT FOR YOU? DID YOU THINK OTHER PEOPLE WERE DOING THIS?
>> DEFINITELY. THEY NEEDED HELP. I NEEDED HELP. INSTEAD OF GETTING HELP, I WAS
GETTING ADVICE ON HOW TO CONTINUE. >> Reporter: BY THE TIME SHE WAS 12, ALEXIS HAD DEVELOPED AN
EATING DISORDER. SHE HAD MULTIPLE INSTAGRAM ACCOUNTS AND SAYS SHE WOULD SPEND FIVE HOURS A DAY SCROLLING
THROUGH THE APP, EVEN THOUGH IT OFTEN MADE HER FEEL DEPRESSED. SHE DREW THIS PICTURE OF HERSELF IN HER DIARY CRYING, SURROUNDED
BY HER PHONE AND LAPTOP WITH THOUGHTS READING, STUPID, FAT, KILL YOURSELF. >> I WAS STRUGGLING WITH MY
MENTAL HEALTH. I WAS STRUGGLING WITH MY DEPRESSION AND MY BODY IMAGE. AND SOCIAL MEDIA DID NOT HELP
WITH MY CONFIDENCE. IF ANYTHING, IT MADE ME HATE MYSELF. >> Reporter: ALL CAME TO A HEAD
HER SOPHOMORE YEAR WHEN ALEXIS POSTED ON INSTAGRAM SHE DIDN'T DESERVE TO EXIST. A FRIEND ALERTED A SCHOOL
COUNSELOR. >> THAT WAS THE SCARIEST DAY OF OUR LIVES. I GOT A CALL TO COME TO THE
SCHOOL. AND I WENT THERE. AND THEY WERE JUST SHOWING ME ALL OF THESE INSTAGRAM POSTS OF
HOW ALEXIS WANTED TO KILL HERSELF AND HURT HERSELF AND IF INSTAGRAM IS REALLY -- HAS ALL THE SOFTWARE TO PROTECT THEM,
WHY WAS THAT NOT FLAGGED OR IDENTIFIED? >> Reporter: THIS PREVIOUSLY UNPUBLISHED INTERNAL DOCUMENT
REVEALED FACEBOOK KNEW INSTAGRAM WAS PUSHING GIRLS TO DANGEROUS CONTENT. IT SAYS THAT IN 2021 AN
INSTAGRAM EMPLOYEE RAN AN INTERNAL INVESTIGATION ON EATING DISORDERS BY OPENING UP A FALSE ACCOUNT AS A 13-YEAR-OLD GIRL
LOOKING FOR DIET TIPS. SHE WAS LED TO THIS CONTENT AND RECOMMENDATIONS TO FOLLOW SKINNY BINGE AND APPLE CORE ANOREXIC.
OTHER MEMOS SHOW FACEBOOK EMPLOYEES RAISING CONCERNS ABOUT COMPANY RESEARCH THAT REVEALED INSTAGRAM MADE 1 IN 3 TEEN GIRLS
FEEL WORSE ABOUT THEIR BODIES AND THAT TEENS WHO USED THE APP FELT HIGHER RATES OF ANXIETY AND DEPRESSION.
WHAT WAS IT LIKE WHEN YOU SAW THOSE FACEBOOK PAPERS FOR THE FIRST TIME? >> SICKENING.
THE FACT THAT I WAS SITTING THERE STRUGGLING AND HOPING TO SAVE MY DAUGHTER'S LIFE, AND THEY HAD ALL THESE DOCUMENTS
BEHIND CLOSED DOORS THAT THEY COULD HAVE PROTECTED HER AND THEY CHOSE TO IGNORE THAT RESEARCH.
>> Reporter: ATTORNEY MATT BURGMAN REPRESENTS THE SPENCE FAMILY. HE STARTED THE SOCIAL MEDIA
VICTIM'S LAW CENTER AFTER READING THE FACEBOOK PAPERS AND IS NOW WORKING WITH MORE THAN 1,200 FAMILIES WHO ARE PURSUING
LAWSUITS AGAINST SOCIAL MEDIA COMPANIES, LIKE META. >> TIME AND TIME AGAIN WHEN THEY HAVE AN OPPORTUNITY TO CHOOSE
BETWEEN SAFETY OF OUR KIDS AND PROFITS, THEY ALWAYS CHOOSE PROFITS. >> Reporter: NEXT YEAR, BURGMAN
AND HIS TEAM WILL START THE DISCOVERY PROCESS FOR THE FEDERAL CASE AGAINST META AND OTHER SOCIAL MEDIA COMPANIES.
A MULTIMILLION DOLLAR SUIT THAT HE SAYS IS MORE ABOUT CHANGING POLICY THAN FINANCIAL COMPENSATION.
BURGMAN SPENT 25 YEARS AS A PRODUCT LIABILITY ATTORNEY, SPECIALIZING IN ASBESTOS AND MESOTHELIOMA CASES.
HE ARGUES THE DESIGN OF SOCIAL MEDIA PLATFORMS IS ULTIMATELY HURTING KIDS. >> THEY HAVE INTENTIONALLY
DESIGNED A PRODUCT THAT IS ADDICTIVE. THEY UNDERSTAND THAT IF CHILDREN STAY ONLINE, THEY MAKE MORE
MONEY. DOESN'T MATTER HOW HARMFUL THE MATERIAL IS. >> Reporter: THE FACT THAT THESE
KIDS ENDED UP SEEING THE THINGS THAT THEY SAW THAT WERE SO DISTURBING, WASN'T BY ACCIDENT. IT WAS BY DESIGN.
>> ABSOLUTELY. THIS IS NOT A COINCIDENCE. >> Reporter: ISN'T IT THE PARENT'S JOB TO MONITOR THIS
STUFF? >> WELL, OF COURSE IT IS. I'M ALL FOR PARENTAL RESPONSIBILITY.
BUT THESE PRODUCTS ARE EXPLICITLY DESIGNED TO EVADE PARENTAL AUTHORITY. >> Reporter: SO WHAT NEEDS TO BE
DONE? >> NUMBER ONE IS AGE AND IDENTITY VERIFICATION. YOU KNOW, THAT TECHNOLOGY
EXISTS. IF PEOPLE ARE TRYING TO HOOK UP ON TINDER, THERE'S TECHNOLOGY TO MAKE SURE THAT THE PEOPLE ARE
WHO THEY SAY THEY ARE. NUMBER TWO, TURN OFF THE ALGORITHMS. THERE'S NO REASON WHY ALEXIS
SPENCE, WHO WAS INTERESTED IN EXERCISE, SHOULD HAVE BEEN DIRECTED TOWARD ANOREXIC CONTENT.
NUMBER THREE, WOULD BE WARNINGS SO THAT PARENTS KNOW WHAT'S GOING ON. LET'S BE REALISTIC, YOU'RE NEVER
GOING TO HAVE SOCIAL MEDIA PLATFORMS BE 100% SAFE, BUT THESE CHANGES WOULD MAKE THEM SAFER.
>> HER FAVORITE POSE. >> Reporter: RIGHT NOW THE ROBERTS FAMILY SAYS SOCIAL MEDIA IS NOT SAFE FOR KIDS.
ENGLAND ROBERTS WAS THE BABY IN A LARGE FAMILY. CENTER OF HER PARENT'S TONY AND BRANDY'S WORLD.
♪ >> SHE MADE EVERYDAY -- >> SPECIAL. >> EVERYDAY FELT LIKE CHRISTMAS
HERE. >> Reporter: BUT ENGLAND'S LIFE ONLINE TOLD A DIFFERENT STORY. AS THE PANDEMIC PLAYED OUT,
ENGLAND WROTE ABOUT STRUGGLES WITH SELF WORTH, RELATIONSHIPS AND MENTAL HEALTH. ONE AUGUST NIGHT IN 2020, JUST A
FEW HOURS AFTER TONY AND BRANDY KISSED THEIR 14-YEAR-OLD SMILING DAUGHTER GOOD NIGHT, BRANDY RECEIVED A TEXT FROM A PARENT OF
ONE OF ENGLAND'S FRIENDS WHO WAS WORRIED ABOUT ENGLAND AND SUGGESTED THEY CHECK ON HER. >> WE WENT UPSTAIRS AND WE
CHECKED AND HER DOOR WAS LOCKED. THAT WAS KIND OF ODD. SO I TOOK THE KEY FROM THE TOP AND WE OPENED THE DOOR AND NO
ENGLAND. AND WHEN I TURNED AROUND, THAT'S WHEN I FOUND HER. WHEN YOU FIND YOUR CHILD HANGING
AND YOU ARE IN THAT MOMENT IN DISBELIEF, JUST NO WAY, NOT OUR BABY, NOT OUR CHILD AND THEN ULTIMATELY I FAULT MYSELF.
>> Reporter: WHY DO YOU FAULT YOURSELF? >> I'M THE DAD. I'M SUPPOSED TO KNOW --
>> Reporter: PRIOR TO THAT NIGHT YOU HAD NO IDEA THAT SHE WAS DEPRESSED? >> NOT EVEN CLOSE.
>> Reporter: LIKE THE SPENCE FAMILY, TONY ROBERTS STARTED CONNECTING THE DOTS AFTER THE FACEBOOK PAPERS CAME OUT.
>> I KNEW HER PASS WORDS. >> Reporter: AND BEGAN DIGGING THROUGH HIS DAUGHTER'S PHONE FOR ANSWERS.
HE FOUND AN INSTAGRAM POST SENT TO ENGLAND FROM A FRIEND. >> THERE WAS A VIDEO, AND THAT VIDEO WAS A LADY ON INSTAGRAM
PRETENDING TO HANG HERSELF. THAT'S ULTIMATELY WHAT OUR CHILD DID. BECAUSE YOU ASK YOURSELF, HOW
DID SHE COME UP WITH THIS IDEA? AND THEN WHEN I DID THE RESEARCH, THERE IT WAS. SHE SAW IT ON INSTAGRAM.
IT WAS ON HER PHONE. >> IF THAT VIDEO WASN'T SENT TO HER, BECAUSE SHE COPIED IT, SHE WOULDN'T HAVE --
>> SHE WOULDN'T HAVE HAD -- >> HAD A WAY OF KNOWING HOW TO DO THAT CERTAIN WAY OF HANGING YOURSELF.
>> Reporter: NEARLY A YEAR AND A HALF AFTER ENGLAND'S DEATH, THAT HANGING VIDEO WAS STILL CIRCULATING ON INSTAGRAM WITH AT
LEAST 1,500 VIEWS. TONY ROBERTS SAYS IT WAS TAKEN DOWN IN DECEMBER, 2021. THE ROBERTS ARE SUING META, THE
PARENT COMPANY TO INSTAGRAM. >> IF THEY SO CALL MONITOR AND DO THINGS, HOW COULD IT STAY ON THAT SITE?
BECAUSE PART OF THEIR POLICY STATES THEY DON'T ALLOW FOR SELF HARM PHOTOS, VIDEOS, THINGS OF THAT NATURE.
SO WHO IS HOLDING THEM ACCOUNTABLE? >> Reporter: META DECLINED OUR REQUEST FOR AN INTERVIEW BUT ITS
GLOBAL HEAD OF SAFETY GAVE US THIS STATEMENT. TELLING US, WE WANT TEENS TO BE SAFE ONLINE AND THAT INSTAGRAM
DOESN'T ALLOW CONTENT PROMOTING SELF HARM OR EATING DISORDERS. AND THAT META HAS IMPROVED INSTAGRAM'S AGE VERIFICATION
TECHNOLOGY. BUT WHEN "60 MINUTES" RAN THIS TEST TWO MONTHS AGO, OUR COLLEAGUE WAS ABLE TO LIE ABOUT
HER AGE AND SIGN UP FOR INSTAGRAM AS A 13-YEAR-OLD WITH NO VERIFICATIONS. WE WERE ALSO ABLE TO SEARCH FOR
SKINNY AND HARMFUL CONTENT. AND WHILE THIS PROMPT CAME UP ASKING IF WE WANTED HELP, WE INSTEAD CLICKED SEE POST AND
EASILY FOUND CONTENT PROMOTING ANOREXIA AND SELF HARM. SHOWING MORE RIGOROUS CHANGE IS NEEDED.
A CHALLENGE THE SPENCE AND ROBERTS FAMILIES ARE READY FOR. >> WE'RE BEING GASLIGHTED BY THE BIG TECH COMPANIES THAT IT'S OUR
FAULT WHEN REALLY WHAT WE SHOULD BE DOING AS PARENTS IS BANNING TOGETHER AND SAYING, NO, YOU NEED TO DO BETTER.
I'M DOING EVERYTHING I CAN. YOU NEED TO DO BETTER. >> WE LOST. WE LEARNED.
BUT WHAT'S GOING TO STOP THESE COMPANIES FROM CONTINUING TO LET THINGS HAPPEN IF THEY DON'T CHANGE OR BE FORCED TO MAKE A
CHANGE? >> SOCIAL MEDIA IS A SILENT KILLER FOR OUR CHILDREN'S GENERATION.
THAT'S THE CONCLUSION I'VE COME TO. WHY IS EVERYONE IN POWER THAT CAN HELP CHANGE THIS, WHY IS IT
NOT CHANGING QUICK ENOUGH? IF OUR CHILDREN ARE TRULY OUR FUTURE, WHAT'S THE WAIT?
>>> FIGHTING FOR SOCIAL MEDIA REGULATION -- >> THERE'S ROOM FOR TECH COMPANIES TO BE HELD
ACCOUNTABLE. >> Reporter: PLUS, MENTAL HEALTH RESOURCES FOR KIDS AND FAMILIES IN CRISIS.
♪ ♪ >>> YOU CAN'T WAVE A WAND AND MAKE INTOLERANCE, HARDSHIP AND VIOLENCE DISAPPEAR.
BUT YOU CAN USE MAGIC TO TRY. WE LEARNED THAT AFTER VISITING A REMARKABLE SCHOOL IN CAPE TOWN, SOUTH AFRICA.
IT'S CALLED THE COLLEGE OF MAGIC. WHILE IT'S NOT AN ACCREDITED INSTITUTION, IT IS A REAL-LIFE
HOGWARTS, A SCHOOL FILLED WITH STUDENTS RANGING IN AGE FROM 10 TO 18, AND MORE IMPORTANTLY, REFLECTING SOUTH AFRICA, THEY
COME FROM PRIVILEGE AND POVERTY. PICK A CANARD, ANY CANARD, SLEIGHT OF HAND, JUGGLING, VENTRILOQUISM, CARD TRICKS YOU
CAN LEARN IT ALL AT THE COLLEGE OF MAGIC. BUT WHAT THE SCHOOL REALLY TEACHES IS ALSO THE GREAT SUPER
POWER OF MAGIC ITSELF. RETHINKING THE LIMITS OF POSSIBILITY. [ BELL TOLLS ]
>> Reporter: IT LOOKS LIKE ANY OTHER CAMPUS. GOTHIC ARCHITECTURE, A DIVERSE STUDENT BODY, A CORE CURRICULUM.
ALL BALANCED WITH ELECTIVES. TO BECOME MASTERS OF MAGIC, THESE KIDS MUST BE BOTH TACTICIANS AND TECHNICIANS.
>> UP, DOWN. >> Reporter: LIKE ANY ART FORM, THIS ONE REQUIRES PRACTICE, APPLICATION, DISCIPLINE.
>> 6 OF SPADES. >> Reporter: THERE IS NO MAGIC BULLET. WHILE STUDENTS ATTEND ACADEMIC
SCHOOL DURING THE WEEK, THEY COME HERE AFTER SCHOOL, ON WEEKENDS, AND ON HOLIDAYS. IT TAKES SIX YEARS TO EARN A
DIPLOMA. >> ONE. >> ONE. >> TWO.
THREE. >> Reporter: SINATHEMBA BAWUTI IS A TEACHER, A GRADUATE AND HIMSELF NOW A PRACTICING
MAGICIAN. HE SHOWS STUDENTS THE TRICKS OF THE TRADE. >> Reporter: WHAT IS IT ABOUT
MAGIC, WHAT APPEALS TO YOU SO MUCH? >> I DIDN'T THINK I WOULD BE DOING THIS AS A CAREER OR
PERFORMING IT LIKE DOING IT LIKE TO SUPPORT MYSELF. I WANTED TO PUT A SMILE ON PEOPLE'S FACES, MAKE THEM HAPPY,
ENTERTAIN THEM, BREAK ICE. THAT'S WHAT I WANTED TO DO. BUT THEN IT BECAME MY THING LIKE, THAT I'M USING TO FEED MY
FAMILY AND MYSELF. >> HE AND THE AIMED TO TEACH HONESTY, HUMILITY AND RESPECT. THE TRICKS AND JUGGLING IS ONLY
A SMALL PART OF IT. >> YEAH, IT'S NOT A COLLEGE OF MAGIC. IT'S A COLLEGE OF LIFE.
>> Reporter: FOR THE REVERED DEAN AND FOUNDER, IT'S BEEN 40 YEARS SINCE HE STOPPED PRACTICING LAW AND PULLED THE
ULTIMATE BIT OF MISDIRECTION. IN HIS HOMETOWN OF CAPE TOWN, HE OPENED A COLLEGE. THE ONLY SCHOOL OF ITS KIND
DEVOTED TO WONDER. I'M SURELY NOT THE FIRST PERSON TO MAKE THE JOKE YOU GAVE UP LAW TO PURSUE A CAREER OF DECEPTION.
>> I LIKE TO THINK OF DECEPTION, WE THINK OF IT AS ILLUSION AND WONDERMENT. GIVING SOME OF THE GAME AWAY.
>> Reporter: HIS KNOWLEDGE AND LOVE OF MAGIC FILLS THE HALLS, QUITE LITERALLY. CONTRAPTIONS AND MEMORABILIA
TRACE THE HISTORY OF ILLUSION. >> EVEN WITH ALL THE SOPHISTICATION AROUND US, THERE'S NOTHING MORE EXCITING
THAN SEEING A MAGICIAN LIVE AND SEEING SOMETHING APPEAR OR DISAPPEAR RIGHT UNDER YOUR NOSE. >> Reporter: WHAT DO YOU
ATTRIBUTE THAT TO YOU? >> PEOPLE GENERALLY ARE INTERESTED IN AND CURIOUS ABOUT HOW THE LAWS OF NATURE CAN BE
SUSPENDED. I THINK THE MAGICIAN OFFERS THAT OPPORTUNITY THAT GATEWAY TO A WORLD WHICH WE ALL WOULD LOVE TO
BE PART OF WHERE GRAVITY IS ALWAYS PULLING US TO PLANET EARTH WHERE WE CAN FLOAT UPWARDS.
IT'S A BEAUTIFUL FEELING. >> Reporter: NOTHING HERE IS QUITE AS IT SEEMS. WHEN WE VISITED LAST JULY,
STUDENTS WERE PREPARING FOR THE ANNUAL CHILDREN'S MAGIC FESTIVAL. >> YOU HAVE A DRESS REHEARSAL?
>> 7 OR NO 7? >> LIKE THE TURBAN. IT'S A GOOD LOOK. >> Reporter: WHOA.
TURN IT UP? >> YES. [ CHEERS AND APPLAUSE ] >> Reporter: VERY GOOD.
THAT WAS A WINNER. >> COME TO OUR CLOSE-UP HERE. COME INSIDE. >> Reporter: MICHAEL BARTA HAS
BEEN TEACHING HERE FOR DECADES. >> I TEACHED CHILDREN HOW TO USE THEIR HANDS. OKAY.
I WAS JUGGLING THREE BALLS. SOMEBODY HAS TAKEN MY BALL. >> Reporter: THE SCHOOL WAS ALWAYS CONCEIVED TO GO BEYOND
HOKUS POKUS. MAGIC ABOUT WHAT YOU SEE OR WHAT YOU MISSED. BARTA THINKS IT'S BOTH.
>> SO HOW MANY BALLS DO I HAVE? >> MAGIC DEVELOPS SKEPTICISM AND CURIOSITY. THOSE TWO THINGS ARE NEEDED IN
EDUCATION. >> Reporter: THAT'S GREAT. THERE'S A HEALTHY SKEPTICISM HOW DID HE DO THAT AND MIXED WITH
CURIOSITY AND WONDER, HOW DID HE DO THAT? >> I KNOW. HOW DID HE DO THAT?
WOW. >> Reporter: FROM THE SCHOOL'S BEGINNING IT REFLECTED A CROSS SECTION OF SOUTH AFRICA.
NOW AS THEN STUDENTS COME FROM THE MOST WEALTHY SUBURBS AND CAPE TOWN'S MOST IMPOVERISHED TOWNSHIPS.
HIS DAY STARTS AT DAWN IN THE TIN SHACK HE SHARES WITH HIS GRANDMOTHER AND AUNT. HIS MOTHER WAS MURDERED FOUR
YEARS AGO. THE SPRAWLING SHANTYTOWN LIKE SO MANY OTHERS IN THE COUNTRY IS POCKED BY VIOLENCE AND DRUGS.
>> SOME OF THEM ARE BUSY CARRYING GUNS AND VOOKNIVES AND BUSY ROBBING OLD PEOPLE, BEING ON DRUGS AND STUFF.
SO, I HAVE TO -- HEAR GUNSHOTS. >> Reporter: YOU'RE DESCRIBING GUNSHOTS AND KNIVES AND DRUGS AND GANGS.
AND YOU COME HERE, IT MUST BE A BIT OF A RELIEF? >> HE TALKS TO ME A LOT. IT SAVED ME FROM DOING THOSE
STUFF BECAUSE I BECAME AN ARTIST AND I CAN TAKE CARE OF MYSELF. >> Reporter: YOU SAY ARTIST? >> YEAH.
YOU'RE A MAGICIAN. YOU'RE AN ARTIST. BECAUSE IT'S ART. YEAH.
>> Reporter: IN THE TOWNSHIPS, YOU DON'T COME ACROSS MANY BOW TIES. WHEN DUMA PASSES BY, HE DRAWS
ATTENTION. A QUICK BIT OF WHIZ. AND GEE WHIZ. AND HE'S OFF.
THE SCHOOL ARRANGES TRANSPORTATION WHEN NEEDED. SHUFFLING THE KIDS ON THE LONG JOURNEY INTO THE CITY.
♪ ♪ >> Reporter: THERE'S NO UNIFORM OF SUCH, BUT STUDENTS ARE ENCOURAGED TO DRESS AS SMARTLY
AS THEY CAN. FOR MANY, GOING TO THE SCHOOL MARKS A RARE OPPORTUNITY TO GET OUT OF THE TOWNSHIP.
TUITION IS $350 A YEAR, UNAFFORDABLE FOR MOST OF THE 130 STUDENTS. THE COLLEGE, A NONPROFIT, RAISES
FUNDS FOR SCHOLARSHIPS, BREAKFAST AND LUNCH INCLUDED. YOU HAVE SOME KIDS COMING HERE WHO ARE MALNOURISHED, YOU HAVE
TO FEED. YOU HAVE OTHER KIDS GETTING PICKED UP BY PARENTS IN FANCY SPORTS CARS.
IS THAT HARD FOR YOU TO WATCH? >> YES. IT'S IMPORTANT PART OF OUR NATION BUILDING AND FOR
UNDERSTANDING THAT YOUNG PEOPLE GET TO UNDERSTAND HOW EACH OTHER IS LIVING AND HOW WE THINK AND HOW WE APPROACH LIFE BECAUSE
THESE ARE GOING TO BE THE YOUNG PEOPLE WHO ARE GOING TO DRIVE THIS NATION FORWARD. >> Reporter: I COULD SEE SOME
PEOPLE WATCHING THIS COLLEGE OF MAGIC IS ALL WELL AND GOOD AND YOU'RE TEACHING KIDS TO MAKE COINS DISAPPEAR.
WHY AREN'T YOU TEACHING THEM CODING OR SOMETHING MORE PRACTICAL? >> THE MOST IMPORTANT SKILL IN
THE 21st CENTURY, IMAGINATIVE THINKING. NO MATTER WHAT CAREER YOU SELECT TO GO INTO, IT WILL NO LONGER BE
YOUR KNOWLEDGE AROUND THAT. THAT KNOWLEDGE IS SO FREELY AVAILABLE NOW ON THE INTERNET, IT'S GOING TO BE HOW YOU USE
THAT KNOWLEDGE. THERE'S NO BETTER TOPIC OR SUBJECT THAN MAGIC TO EXPLODE THE WHOLE IDEA OF IMAGINATION.
>> Reporter: THEY TRADE THEIR CAPE FOR THREE PIECE SUIT OR SPORTS JERSEY OR NURSES ATTIRE, YOU'RE OKAY WITH THAT?
>> ABSOLUTELY. >> Reporter: THIS 15-YEAR-OLD IS A RISING STAR AT THE COLLEGE. BUT FOUR YEARS AGO SHE HAD TO
BEG HER MOTHER TO ALLOW HER TO ENROLL. >> AND THEN I WAS LIKE, MOM, I WOULD LIKE TO JOIN THIS.
WHAT ARE YOU TALKING ABOUT? I WANT TO BECOME A MAGICIAN. AND SHE THOUGHT I WAS CRAZY, BUT HERE I AM TODAY.
>> Reporter: HERE YOU ARE. YOUR MOM SAID YOU WERE CRAZY FOR WANTING TO BE A MAGICIAN. >> BECAUSE THEY DO NOT BELIEVE
IN MAGIC. >> Reporter: NOT ONLY THAT FOR MANY OF THE TOWNSHIPS, MAGIC IS ASSOCIATED WITH THE OCCULT OR
WITCHCRAFT. >> THE FIRST TIME I PERFORMED, I PERFORMED FOR MY GRANDMOTHER. SO SHE DOES NOT UNDERSTAND MAGIC
AT ALL. AND EVERY TIME SHE WOULD SEE, SHE WOULD SAY DARKNESS, EVIL POWERS STUFF LIKE THAT.
>> Reporter: PEOPLE ARE SAYING I DON'T UNDERSTAND. EXPLAIN IT TO ME. WHAT DO YOU TELL THEM?
>> OH, THAT MAGIC IS NOT BLACK MAGIC. WE DO NOT PRACTICE ANY KINDS OF SPELLS, DARK SPELLS.
THERE ARE SECRETS BEHIND THE MAGIC AND IT TAKES TIME TO PRACTICE AND MASTER EACH. YOU MUST FOLLOW VERY, VERY
CAREFULLY BECAUSE A LOT OF THINGS HAPPEN. >> MILO SAYS HIS MOM HAD TO CONVINCE HIM TO ENROLL.
>> BEFORE I CAME TO COLLEGE OF MAGIC, I WAS VERY SHY. SO I COULDN'T DANCE EVEN IN FRONT OF MY BROTHER AND SISTER.
I WOULD JUST GO HIDE BEHIND MY MOM. MY MOM SAID I NEED TO LEARN S.I. SKILLS.
>> Reporter: SOCIAL INTELLIGENCE. >> WHEN WE LEARNED ABOUT THE COLLEGE OF MAGIC, THAT'S THE
PERFECT SPOT. FIRST YOU'LL GET INTO A GOOD HIGH SCHOOL BECAUSE YOU HAVE LOTS OF DIFFERENT TALENTS AND
SECONDLY S.I. SKILLS. >> Reporter: I'M GOING TO GO OUT ON A LIMB HERE. YOU CAME HERE FOR MORE SOCIAL
INTELLIGENCE, TO COME OUT OF YOUR SHELL A LITTLE BIT. IT SEEMS LIKE IT'S WORKING. >> YEAH.
IT IS WORKING. >> Reporter: BEING A MAGICIAN, DO YOU FEEL LIKE YOU'RE PART OF A SECRET SOCIETY, A SECRET CLUB?
>> YES. LIKE A SECRET AGENT OF A BIG FORCE. >> Reporter: LET'S DO A ROLE
PLAY. MILO, MILO, TELL ME HOW YOU DO THAT TRICK. >> NO.
>> Reporter: WHY NOT? >> BECAUSE YOU'RE A DUNDERHEAD, YOU WOULDN'T BE ABLE TO UNDERSTAND.
>> Reporter: NEVER GIVE UP YOUR SECRETS, RIGHT? >> ACTUALLY ALL MY FAMILY HAS LEARNED ALL OF IT BY NOW BECAUSE
WHEN I PRACTICE FOR A PERFORMANCE, THEY PICK UP MY MISTAKES. >> YOUR FAMILY CAN KEEP A
SECRET? >> I'M NOT SURE ABOUT MY SISTER. >> Reporter: TEN MILES AND AN INCALCULABLE DISTANCE FROM WHERE
MILO LIVES, LULO THE GREAT AS HE CALLS HIMSELF. HE LIVES IN A ONE BEDROOM HOME WITH HIS FATHER SEAN, MOTHER
BELINDA AND LITTLE SISTER LOLU. HE TOO TRANSFORMED AFTER JOINING THE COLLEGE OF MAGIC. WAS HE ALWAYS THAT WAY?
>> NO, HE WAS TOO SHY. LIKE HIS SISTER. >> Reporter: THIS GUY WAS SHY? >> VERY, VERY SHY.
>> Reporter: I DON'T BELIEVE IT. >> VERY, VERY SHY. >> Reporter: BUT FOR BELINDA AND SEAN, MAGIC IS MORE THAN A TOOL
TO GET LULO OUT OF HIS SHELL, IT MIGHT ALSO BE HIS PATH OUT OF POVERTY. >> BRAVO.
>> I SAID TO LULO, EACH AND EVERY DAY, CONTINUE WITH YOUR MAGIC. >> Reporter: CONTINUE WITH YOUR
MAGIC? >> YES. FLY, WHEREVER YOU WANT TO GO TO. IT'S YOUR LIFE.
IT'S NOT MY LIFE. THE ONLY THING I WANT FROM YOU -- >> TO SUCCEED.
>> TO SUCCEED IN LIFE. THAT'S IT. >> ONE DAY I'M GOING TO BE A FAMOUS MAGICIAN.
>> Reporter: IS THAT WHAT YOU WANT? >> YES. >> Reporter: BUT FIRST THINGS
FIRST, TOMORROW IS THE CHILDREN'S MAGIC FESTIVAL. AND LULO CAN BARELY CONTAIN HIMSELF.
WHAT'S THE GOAL TOMORROW? >> THE GOAL TOMORROW IS TO SHOW PEOPLE WHO I AM. I'M LULO THE GREAT.
THE JUGGLER. ALL THAT STUFF. >> Reporter: CARDS? JUGGLE?
DANCING? WHAT DOESN'T LULO THE GREAT DO? >> LULO THE GREAT DOESN'T DO ANY ONE THING.
>> Reporter: MAN OF MANY TALENTS? >> MANY TALENTS. ♪ ♪
>> Reporter: THERE WAS AN ABUNDANCE OF TALENT ON DISPLAY AND THERE WAS AN ABUNDANCE OF WIDE EYED WONDER.
>> ONE, TWO, THREE. HOCUS POCUS. >> Reporter: KIDS AND PARENTS AND THIS CORRESPONDENT CONVERGED
ON THE COLLEGE. DUMO WAS AMONG THE SHOW STOPPERS. >> SOME OF THEM THE FIRST TIME
TO SEE THIS. BRING HAPPINESS TO THE KIDS. THAT'S WHY I FEEL HAPPY BECAUSE I'M MAKING THEM HAPPY.
>> Reporter: YOU'RE NOT JUST MAKING THEM HAPPY, YOU'RE MAKING THEM WONDER, YOU'RE EXPANDING THEIR IDEA OF POSSIBILITY AND
IMAGINATION. >> YEAH. IT'S A GREAT FEELING. A GREAT FEELING.
>> Reporter: BUT YOU DON'T GIVE IT UP WHEN THEY SAY HOW DID YOU DO IT? >> IT'S MAGIC.
IT'S MAGIC.
>> Announcer: "THE LAST MINUTE" OF "60 MINUTES" IS SPONSORED BY UNITED HEALTH CARE. GET MEDICARE WITH MORE.
>>> NOW AN UPDATE ON A STORY WE REPORTED ONE YEAR AGO. ALESSANDRO MICHELLE, THE ECCENTRIC CREATIVE DIRECTOR OF
THE HOUSE OF GUCCI SAT ATOP THE WORLD OF HIGH FASHION IN ROME. NEARLY SEVEN YEARS INTO HIS TENURE, HE TRANSFORMED THE GUCCI
IMAGE WITH EDGY, ODD AND OUTRAGEOUS DESIGNS. BUT IN FASHION, SOMETHING ONCE IN MUST EVENTUALLY BE OUT.
AND LATE NOVEMBER, THE FASHION HOUSE AND THE DESIGNER PARTED WAYS. AS HE TOLD US, IT WAS A DAY HE
EXPECTED WOULD COME. YOU SAID AFTER THAT FIRST SHOW, YOU WERE WORRIED THEY WERE GOING TO FIRE YOU.
>> YEAH. >> ARE YOU FEELING A LITTLE MORE CONFIDENT NOW? >> I LOVE TO FEEL INSECURE IN A
WAY -- >> MAKES YOU CREATIVE. >> MAKES ME FEEL CREATIVE. IT'S LIVE.
IT'S NOT FOREVER. THAT'S THE MOST BEAUTIFUL THING. THAT NOTHING IS FOREVER. THAT'S WHY IT'S PRECIOUS.
>> I'M SHARYN ALFONSI. WE'LL BE BACK NEXT WEEK WITH ANOTHER EDITION OF "60 MINUTES.