Facebook proposes new EU regulations: build a “moat” for themselves

Facebook CEO Mark Zuckerberg is lobbying EU regulators in Brussels to enact new laws to regulate areas such as artificial intelligence and content control,media reported. If regulators follow Facebook’s advice, they may increase the social network’s power.

Indeed, this is reflected in the EUROPEAN Union’s General Data Protection Regulation (GDPR), an idea designed to strengthen privacy protections and weaken the exploitative data collection on which business models of tech giants such as Facebook and Google depend. However, according to WhoTracksMe, the result is that Facebook and Google’s market share in the EU has actually increased or decreased slightly, while all other advertising technology providers have been destroyed by the regulation.

Tech giants like Facebook have lawyers, lobbyists, engineers, designers and stable cash flow to cope with regulatory changes, while smaller competitors don’t spend time and money on rules but choose to give up, downsize or sell.

Under GDPR supervision, each player must add new transparency and choose not to add functionality. If Facebook’s series of requests are approved, it will continue to move forward with little disruption as competitors and new upstarts scramble to catch up.

That doesn’t mean these protections are unreasonable for every company, but regulators need to consider what Facebook doesn’t imply.

Here’s a quick look at the suggestions made on Facebook, and it’s not hard to see what’s being offered:

The user-friendly channel for reporting content – every post and object on Facebook can be tagged by the user and explain why;

Policy or external oversight – Facebook is in the final stages of identifying its independent oversight committee;

Regularly publicly available law enforcement data reports – Facebook publishes reports on the implementation of its community standards twice a year;

The content standard son for the publishing platform – Facebook publishes their standards and updates them;

Consult stakeholders when making significant changes – Facebook consults a security advisory board and will set up a new oversight committee;

Create a channel for users to complain about the company’s content deletion decision – Facebook’s oversight committee will review the content deletion appeal;

With incentives to achieve specific goals, such as keeping the prevalence of offending content below an agreed threshold , Facebook is already touting how it actively detects 99 percent of child nudity and 80 percent of hate speech and removes 99 percent of ISIS and al-Qaeda content.

Finally, Facebook argues that it rules about what content on the Internet should be banned based on recognizing the differences between user preferences and Internet services, being able to implement them on a large scale, and allowing flexibility between language, trends, and context. In response, Facebook has launched different content in different regions to comply with local laws. Zuckerberg also expressed support for custom filtering of content, with default settings set by the local majority.

In addition, Facebook made $18 billion from user data in 2019, but has repeatedly seen that it is not adequately protected.

For regulators in the European Union and the Us, they still have a lot to look into: should they tax Facebook’s use of artificial intelligence? How does this company treat and pay for its human content moderators? Will asking users to export interoperable friends’ lists promote much-needed competition in social networks and force Facebook to do better? As Thierry Breton, the EU’s internal market commissioner, told reporters after Zuckerberg’s meeting with regulators, “Adapting these companies is not what we do, it’s about getting them to adapt to us.” “