I haven't used Facebook for a decade so I don't know exactly what it's system of factchecking is, but it doesn't feel great that all the Big Tech folks are now openly trying to signal they're on board with Trump prior to his inauguration.
The system of fact-checking on Facebook was *utterly* worthless. I use Facebook every day, too much every day even, and all it ever did was censor you by slandering you as a liar when what you said was verifiably true or literally not even a statement of fact at all.
One time, I saw a post which labelled the US states by whether a Target or another kind of store had opened there first, and the colours they used were red and blue. So, being the kind of nerd that I am, I made an Electoral College map out of the labels, and commented it saying the Democrats won.
Bang! went the censorship, and as I say there was no way to ask a human to look at my comment and realise that I was making a joke about an obviously hypothetical situation, and not a statement of fact about the election just gone.
Another time, it censored an acquaintance of mine for making a claim about an Elon Musk parody account on Twitter or something? which you could verify was true by going on that account's page on Twitter. Once again, no appeal process.
I really appreciate your nuance here of this being about signalling, because it is that and nothing else, and I am sick of people treating the loss of ""fact"" ""checking"" on Facebook as though it amounted to any kind of move in the war against misinformation.
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They're all just desperate to rescue their collapsing corporate empires.