Zuckerberg defends political ads policy and warns that China's censorship model is being adopted on big platforms

Zuckerberg defends political ads policy and warns that China's censorship model is being adopted on big platforms 1
Why it matters: Facebook has been under fire in recent times for not doing enough to curb fake news, disinformation campaigns by state actors and third parties, as well as prevent violent content from becoming viral on its platform. CEO Mark Zuckerberg believes social media should give everyone as much freedom of expression as necessary and warns that China is creating its own internet based on different values. He argues that Facebook is a champion of free speech and that the company’s decisions have helped create an additional power structure in society.

During a speech at Georgetown University this week, Mark Zuckerberg argued that Facebook is a neutral platform and that the best way forward is to let politicians lie in political ads. If that sounds confusing, it’s because Facebook is in a strange position where it profits off of misinformation at the same time it’s trying to be the champion of democracy and free speech.

Facebook’s CEO explained that the decision not to include political ads in its fact-checking program was not so much financial as it was a courtesy to its users who need a voice. He referred to local candidates, advocacy groups and up-and-coming challengers as prime examples of voices that could use social media as an inexpensive way of getting the same public attention enjoyed by incumbents.

His proposition here is to “monitor who is posting the content rather than the content itself,” and use that as a way to make those people directly accountable for what they say. This means that people who want to run political ads will have to provide Facebook with proof of their identity and US citizenship, which in theory could serve as a deterrent for bad actors.

Zuckerberg invoked the First Amendment and the struggle for civil rights several times, going as far as linking his mission of freedom of speech to Martin Luther King’s efforts. King’s daughter took to Twitter to explain that disinformation campaigns created the atmosphere for King’s assassination.

The 35-year-old CEO thinks too much responsibility on moderating speech is being placed on the shoulders of tech companies like Facebook. He warned that many people are calling for social networks to censor opposing views in the hopes of ensuring the political outcomes they deem important.

He also believes China is slowly cultivating its un-American values across six of the top ten largest internet platforms, and offered the example of TikTok, a fast-growing Chinese social media app that censors content related to the Hong Kong protests. Apparently, Facebook’s American roots are the reason why it is pro-speech, and Zuckerberg thinks it’s his company’s mission to set an example of what an open internet should be like.

However, it’s worth noting that Zuckerberg talks about ‘speech’ when arguably one of the more pressing aspect that critics have attacked is ‘reach’. Facebook makes money by tuning its algorithms to promote content that drives user engagement, so it always has to fix things after the fact. Furthermore, Zuckerberg said in a Fox interview that while he sees the need for policy makers to craft legislation on privacy and data portability, he doesn’t think breaking up big tech companies would help in any way.

In the meantime, Oregon Senator Ron Wyden is proposing a new law that would hold executives like Zuckerberg personally accountable for the wrongdoings of their companies, with harsh penalties that include jail time.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

The Largest Crypto Scams Of 2022 (So Far)
The Largest Crypto Scams Of 2022 (So Far)
June 14, 2022
Scammers
How Do Scammers Entice Their Prey?
May 10, 2022
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin21,317 0.22 % 1.31 % 4.12 %
Ethereum1,222.2 1.42 % 6.64 % 12.35 %
Tether1.001 0.04 % 0.13 % 0.01 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
BNB241.48 0.15 % 5.22 % 11.72 %
XRP0.3700 0.10 % 9.13 % 14.77 %
Binance USD1.002 0.24 % 0.04 % 0.09 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana42.10 1.25 % 10.05 % 36.36 %
Polkadot8.220 0.71 % 5.46 % 12.16 %

bitcoin
Bitcoin (BTC) $ 21,240.00
ethereum
Ethereum (ETH) $ 1,221.98
tether
Tether (USDT) $ 0.999295
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 240.75
xrp
XRP (XRP) $ 0.368637
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.499224
solana
Solana (SOL) $ 42.00
polkadot
Polkadot (DOT) $ 8.18