On some level, this is the strongest argument in favor of Facebook's original position - that they oughtn't be responsible for distinguishing fact from fiction. Ask any entity to discern truth at scale and there will be errors and vociferous debates. So, what's preferable? Unfettered venom and lies mixed with the best attempts at rationality or the discourse moderated by unseen arbiters and algorithms? Ideally, there…
Previously journalism cleaned itself up because it could be held accountable for outright lies. There is incentive to make outrageous claims because outrage sells. The balance is to create civil and criminal repercussions for provable lies. Lies spread on social media like wildfire because outrage sells and more eyeballs means more money for the platform, so the platform and the authors are incentivized to create and spread misinformation. There is no balance against it, so it will continue to grow.