Fb Chairman and CEO Mark Zuckerberg attends the annual Munich Safety Convention in Germany, February 15, 2020. REUTERS/Andreas Gebert
February 15, 2020
MUNICH (Reuters) – On-line content material needs to be regulated with a system someplace between the prevailing guidelines used for the telecoms and media industries, Fb <FB.O> CEO Mark Zuckerberg instructed international leaders and safety chiefs on Saturday.
Talking on the Munich Safety Convention in Germany, Zuckerberg mentioned Fb had improved its work countering on-line election interference, and expanded on his earlier requires regulation of social media corporations.
“I do think that there should be regulation on harmful content … there’s a question about which framework you use for this,” Zuckerberg mentioned throughout a query and reply session.
“Right now there are two frameworks that I think people have for existing industries – there’s like newspapers and existing media, and then there’s the telco-type model, which is ‘the data just flows through you’, but you’re not going to hold a telco responsible if someone says something harmful on a phone line.”
“I actually think where we should be is somewhere in between,” he mentioned.
Fb and social media giants together with Twitter <TWTR.N> and Alphabet’s Google <GOOGL.O> have come underneath rising stress to higher fight governments and political teams utilizing their platforms to unfold false and deceptive info.
Zuckerberg mentioned he now employed 35,000 individuals to evaluation on-line content material and implement safety measures.
These groups and Facebook’s automated expertise at the moment droop greater than 1 million faux accounts every day, he mentioned, including that “the vast majority are detected within minutes of signing up.”
“Our budget is bigger today than the whole revenue of the company when we went public in 2012, when we had a billion users,” he mentioned.
“I’m proud of the results but we will definitely have to stay vigilant.”
(Reporting by Jack Stubbs and Paul Carrel; Modifying by Frances Kerry)