this post was submitted on 25 Aug 2023
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Social media companies are receding from their role as watchdogs against conspiracy theories ahead of the 2024 presidential election.

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[–] billiam0202 90 points 1 year ago (2 children)

That's a lot of words to just say "Allowing bad actors to lie about elections makes us money, while hiring the staff to combat election lies costs us money, and we're too sociopathic to spend money for the good of the country."

[–] neanderthal 8 points 1 year ago

"Even if we want to do the right thing, our board of directors will fire us. If the board members don't, the institutional investors will elect new board members that will allow or even encourage the spread of misinformation because it makes them more money."