Bill Gates told CNBC that 'titillating' misinformation has a tendency to spread faster than the truth on social media services. He also said Elon Musk likes to 'maintain a high level of outrageous comments.'
Facts travel slowly on social media compared with "negative" misinformation, which makes it difficult for companies like Facebook and Twitter to strike a balance, Gates said.
"To the degree to which these media companies can see what's being said on their platform and take things that are absolutely wrong and get rid of those things or slow those things down, that's very tough," theFurther complicating the policing of misinformation for Facebook is its"Some of the messages on their platform, they don't even see because of the encryption on WhatsApp," Gates said.
Gates also weighed in on Wednesday's highly anticipated antitrust hearing featuring CEOs from Amazon, Apple, Facebook and Google. "You know, it certainly reminds me of when I went in front of the Congress," he said. "I wished them well.""Now, I'm not saying that the authorities have to be totally laissez-faire. But I do think people underestimate that natural competitive forces do come into the space," he said. "I think of tech as even without massive regulation, that there will be a lot of innovation.
"Elon's positioning is to maintain a high level of outrageous comments," Gates said. "He's not much involved in vaccines. He makes a great electric car. And his rockets work well. So he's allowed to say these things. I hope that he doesn't confuse areas he's not involved in too much."
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