News, Culture & Society

Mark Zuckerberg says Facebook SHOULD be regulated by the government

Embattled Facebook founder Mark Zuckerberg said that he would be fine with the company being subject to government regulations in a sit-down with CNN on Wednesday.  

‘I actually am not sure we shouldn’t be regulated,’ said Zuckerberg. 

‘You know, I think in general, technology is an increasingly important trend in the world, and I actually think the question is more what is the right regulation rather than yes or no, should it be regulated?’

Zuckerberg then continued to speak at length while offering no real specifics as to what he thinks should be regulated by the powers-that-be in DC.


Just do it: Mark Zuckerberg said he would be open to government regiulations in an interview with CNN on Wednesday (above)

Zuckerberg did however say that he thinks advertisements on Facebook should be regulated in much the same way as those in magazines of on television. 

‘Well, there’s some some  basic things that I think that there’s  some big intellectual debates on,’ explained Zuckerberg.

‘On the basic side you know there were  things like ads transparency regulation  that I would love to see, but if you  look at how much regulation there is  around advertising on TV and print you  know it’s  just not clear why there should be  less on the internet right.

He continued: ‘You should  have the same level of transparency required.

Zuckerberg went on to reveal that a bill is floating around Congress now dealing with just that, adding: ‘I know a couple of senators  are working really hard on this.

Even if the bill does not pass though, Zuckerberg said that the company will start being more open about advertisements on the social media site. 

‘We’re committed and we’ve actually  already started rolling out ad transparency tools that accomplish most  of the things that are in all the bills  that that people are taking about today, because we just think that this is  an important thing people should know,’ said Zuckerberg. 

‘You should be able to go to  any page and see all the ads that people  are running to different audiences.’

Sheryl Sandberg appeared on CNBC’s Closing Bell on Thursday speaking for the first time about the Cambridge Analytica scandal and said nothing new, choosing instead to reiterate her boss. 

‘Mark ] has said, “It’s not a question of if regulation, it’s a question of what type,”‘ said Sandberg.

‘We’re open to regulation. We work with lawmakers all over the world.’ 

Sh then stated: ‘We know this is an issue of trust. We know this is a critical moment for our company, for the service we provide. We are going to do everything we can.’

What that is however remains unclear.