Facebook thought putting "disputed" flags on fake news stories would help out, but people only clicked more. "Facebook has always been criticized for creating "filter bubbles", the echo chambers of friends and like-minded people whose views are reinforced by their friends' posts on the platform", he writes even as the company says that's similar to how people make friends and interact with each other offline.
Zuckerberg announced the Facebook news just days after his company said it would revamp its news feed to show users more family-friendly posts from friends or acquaintances that Facebook believes will spur more user interaction.
"Facebook is trying to tell us that their system is more advanced than this, and won't be able to be exploited in this way".
Democracy is also supposed to work by allowing the free press to operate as the fourth estate, and keep its informed truthfully informed - a growing challenge in today's social media climate. Its stock surged after Facebook made the announcement.
Facebook has admitted it was too slow to recognise how bad actors were abusing its platform during the 2016 United States presidential election.
Thanks to Facebook's algorithm change, however, it's not enough to "like" and "follow" ValueWalk on the social network anymore because every publisher's content is being down-ranked in favor of user-generated content. This will ultimately give the social media company more control over the content that gets viewed, and they're signaling that it will be coming from (at least who they deem to be) "reputable publishers". It will also have massive implications on the amount of news consumed on the platform.
Many news organisations, bloggers and businesses have grown reliant on Facebook to spread information - articles, videos, infomercials - to their followers without paying for ads. Other platforms benefit from not being held to the same insatiable scrutiny as the world's largest social network, but they'd be well advised to implement similar safeguards before their time in the limelight. This was evidenced in the almost 9% rise in the New York Times' stock price following the announcement. Roughly a third of Democrats in early 2017 said they trusted information from national news organizations a lot; only 11 percent of Republicans did, according to Pew Research Center; that gap had grown from early 2016.
The recenet changes impact organic posts within News Feeds and do not impact paid for posts.
To the matter at hand though, if the changes Facebook makes are successful in enriching user interactions with the Facebook platform, that will ultimately have positive long-term benefits that will strengthen Facebook's user engagement with the broader ecosystem of new services and products that Facebook is bringing to market.
The more Facebook discloses, the more doubt it faces. It intends to reduce the presence of brands and media on its newsfeed.
There are competitive reasons to do this, of course, and public-relations ones as well. And in order to try and ameliorate that effect, it's going to decide which are the most trusted publishers based on user votes-a solution that is nearly as problematic and ripe for confusion as the problem it is trying to solve. Facebook's attempt to reduce public content hinders journalists and spells disaster for students and prospective content creators looking for a wide audience online. However, all of these other initiatives are ultimately dependent on Facebook's social offering being perceived as something of value and having engaged users that frequently return to the platform. It will only shift the balance of news you see towards sources that are determined to be trusted by the community. "This week, they said we're going to try to do the hardest thing in the world, which is to try to decide which narrative is true", says Tolles.