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- Facebook and other social media companies are in crisis mode after contributing to civil unrest around the world.
- But if social companies wanted to, they could make meaningful changes fairly quickly.
- First, they could stop allowing their ad services to be used as experimental laboratories.
- Second, a policy banning dark money ads would address the use of impersonation and manipulative ad tactics.
- Finally, they could let independent ethics panels representing diverse communities of users set enforceable policies.
Facebook is in crisis mode, but the company can take major steps to fix itself — and the global community it says it wants to promote. Facebook founder, CEO and majority shareholder Mark Zuckerberg need not wait for governments to impose regulations.
If he and other industry leaders wanted to, they could make meaningful changes fairly quickly.See the rest of the story at Business Insider
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