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On this edition of Your Call, we’re discussing what it will take to hold Big Tech accountable for the spread of disinformation online. Experts say companies like Facebook and Twitter have enabled far-right extremism and dangerous lies on their platforms for years.
It took an insurrection at the Capitol for platforms like them to suspend Donald Trump’s account. According to Zignal Labs, after he was banned, social media platforms saw a 73% drop in election misinformation. What regulations and standards are needed?
Guests:
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Since the November elections, investors have been focused on President-elect Biden
It is easy to overlook the impact of regulations on the economy because they are inherently difficult to quantify. Federal agencies are only required to conduct cost-benefit analyses on rules deemed “economically significant,” which are defined as having an annual effect on the economy of at least $100 million.
What is evident is that the Trump administration was serious about reducing the regulatory burdens that businesses faced. President Trump
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By comparison, one of Joe Biden’s top priorities is to combat climate change. To do so, he plans to reverse 100 of the Trump administration’s rollbacks of Obama-era policies relating to the environment and public health. Biden’s stated actions include rejoining the Paris Agreement, raising fuel economy and emissions standards with the goal of net-zero emissions by 2050 and withdrawing Trump’s five-year plan on offshore drilling.
Joseph Prezioso/AFP via Getty Images
Facebook has temporarily banned ads for gun accessories and tactical gear through at least January 22, two days after President-elect Joe Biden’s inauguration.
The decision comes after BuzzFeed News reported that, despite concerns from employees, the tech company had advertised body armor, gun holsters, and other military equipment alongside content about election misinformation and the Capitol riot.
It’s just one of several actions Facebook has been pressured to take after the January 6 insurrection at the Capitol building that left five people dead. Several senators called upon the company to halt its military gear ads following the insurrection, but a number went further, arguing it wasn’t just the advertisements that ought to draw concern but also the platform itself. Rep. Alexandria Ocasio-Cortez (D-NY) said during a virtual town hall on Friday that “Mark Zuckerberg and Facebook bear partial responsibility for Wednesday’s events.