Misinformation Management: A Double-Edged Sword

Legislation aimed at combating misinformation faces significant challenges, primarily due to the subjective nature of defining misinformation itself. Imposing hefty fines, such as 5% of global revenue on social media companies, may inadvertently create a financial burden rather than effectively curbing misinformation. The precedent set by the EU for similar regulations highlights a troubling trend, where the focus shifts to financial penalties rather than achieving practicable standards. This regulation often seems rooted in an unrealistic ideal of eradicating misinformation entirely, which is ultimately unattainable given the complexities involved.