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?

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

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In what ways do the authors suggest that current regulations are outdated?

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

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

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

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

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