Facebook needs to act quickly on fake news

Mark Zuckerberg has done his best to get around the problems that his giant social network has created in the form of viral fake news and hoaxes, a problem that many believe may have played a key role in the election of Donald Trump. But he can’t evade the issue much longer.

One of the arguments that the Facebook CEO started with when the fake news discussion first began was that the small proportion of fake news stories couldn’t possibly have affected the outcome of the election. This was “crazy talk,” he said.

But as a number of people quickly pointed out, Facebook’s entire marketing and advertising business — which is worth billions of dollars a year — is predicated on the idea that having your message on the platform can reach and influence hundreds of millions of people. He can’t have it both ways.

Note: This was originally published at Fortune, where I was a senior writer from 2015 to 2017

The risk for Facebook is that if it shows that it either isn’t willing to or can’t control the spread of fake news on its network, then it is sending the message that it isn’t willing or can’t control any of the other activity that takes place there either.

On Friday, Zuckerberg wrote a long post explaining that Facebook is concerned about the problem and is planning to take a number of steps to control it, including getting the help of outside news agencies and third parties to verify news. He needs to step that process up and quickly, or the media isn’t the only thing people are going to lose trust in.

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