Social Media Algorithms Need to Be More Transparent: Wheeler

The video discusses the challenges of regulating disinformation on social media platforms, highlighting the role of legal frameworks like section 230. It explores the potential for a new digital platform agency to set standards without stifling innovation. The conversation contrasts industrial-era regulations with the needs of today's digital markets, emphasizing the importance of data as a key asset. The video also addresses the need for transparency in algorithms and suggests open APIs as a solution to ensure accountability and innovation.

What is the significance of section 230 in relation to misinformation on social media?

What challenges are associated with regulating digital platforms according to the text?

In what ways do the authors suggest that current regulations are outdated?

How do algorithms influence the information that users see on social media platforms?

What role does data play in the economic activities of companies discussed in the text?

What are the implications of having a lack of transparency in algorithms as mentioned in the text?

How can open APIs contribute to the regulation of social media algorithms?