year and with almost no regulation. 64% of americans believe social media is a bad thing for our democracy, two-thirds of the country. creating polarization and division. the business model depends on persuading you that you and your way of life is somehow under attack to buy your time and attention as whistle blowers from the companies have come to capitol hill to defend it. i m reminded of a conversation with an executive when i said i m confident that we have a foreign agent and their response was, well, since we already have one, what does it matter if we have more. let s keep growing the office. rather than address the own research, they choose screwing the company over keeping people safe. i came to realize the
open society is also our greatest vulnerability. it s no coincidence that at the same time the rise of social media, more people are participating in the process. that s an important point. our voter turnout in the last decade has been going up, up, up and up. 66%. one might argue that voters in this country start voting when they re worried. that the democracy is there s that, too. you have this person called trump that got everybody s attention. but through social media, social media raises political awareness. look at how president zelenskyy is using social media? i want to start with you. if we re going to regulate this, should we come at it consumer first or company first? we need to consider consumer s first.
if they start censoring the news and tweaking it to determine what the ccp deems fit to print? is this something with tiktok that you think can they create an american version? or do you think there is just no way to split this company up? to protect americans? i think one acceptable outcome this is allowed in the bill that i have which is a booip big with my colleague. so here you have not only a democrat and republican working together. but a bears fan and packers fan working together on this issue, chuck. it would allow for a sale to an american company, that option was explored during the trump
thousands of confidential company documents. the government took action. i implore you to the do the same here. they re not alone. what are they afraid of? sth. when you look at the history of facebook stock price and i did this before i came out, facebook stock declined on the nasdaq and more than 5%, about
they don t grow at the level the market expects, the stock price crashes. so they re afraid to take even a small action because they will decrease the profit of the company. i want you to react to nick. he s done a host writing. and this is one where it feels like he may have well used the shrug he moejy. easy to blame everything on algorithms. we need to look ourselves in the mirror and not wrap ourselves in the false comfort that we re manipulated by machines all along. hey this isn t on us, this is society. we re just the mirror. nick cleg wrote an amazing post in march of 2021. he said it takes two to tango. you know, you re blaming us for algorithms, you chose interests, they chose the interests n march of 2021 they have already run the same study four times where they took a blank account, this is an account that doesn t have