Facebook's Sandberg Says 'We Are Calling for More Regulation'

The transcript discusses the need for regulation in the digital space, highlighting efforts to collaborate with global leaders like President Macron on co-regulatory models and GDPR-like privacy legislation. It emphasizes the importance of companies not making unilateral decisions and the necessity for new internet rules. The legislative process is described as non-linear, with the EU seen as having a blueprint, while the US is still catching up. Despite legislative delays, proactive measures like the Honest ADS Act tool have been implemented to ensure transparency in political ads, and GDPR controls have been globally adopted.

What is the main focus of the collaboration with President Macron and France?

• Developing a new social media platform

• Establishing a global trade agreement

• Creating a co-regulatory model for content

• Building a new search engine

What is the Honest ADS Act primarily concerned with?

• Improving internet speed

• Ensuring transparency in political ads

• Regulating online shopping

• Protecting intellectual property

Which legislative framework is considered a good blueprint for privacy legislation?

• The Honest ADS Act

• The Patriot Act

• The Digital Millennium Copyright Act

• GDPR

What proactive step did companies take regarding political ads?

• Created a tool to show ad sponsors and spending

• Increased the cost of political ads

• Limited political ads to certain regions

• Banned all political ads

What is the main goal of the ongoing collaboration with governments?

• To create new social media platforms

• To write new rules for the internet

• To increase online advertising

• To reduce internet usage