Twitter CEO Jack Dorsey: Eroding Section 230 'could collapse how we communicate on web'

The CEOs of Facebook, Google and Twitter will face lawmakers once again on Wednesday — this time to defend the legal liability shield that underpins their business models. CNBC's Ylan Mui joins "The Exchange" with details about Twitter CEO Jack Dorsey's written testimony to Congress. Subscribe to CNBC PRO for access to investor and analyst insights on Twitter and more: https://cnb.cx/3dIH56N

Twitter has come under fire for, among other things, how it handled its decision to block an unverified New York Post story claiming to contain a “smoking gun” email related to presidential candidate Joe Biden. Twitter CEO Jack Dorsey apologized for blocking the story URLs earlier this month. It has also been criticized for muting or blocking tweets that contain misinformation.

Dorsey argues in his prepared remarks Section 230 has allowed small companies to scale up to compete against established, global companies and eroding it could destroy how we communicate online. He says only the largest, well-funded tech companies will survive.

Weakening or removing Section 230 will also lead to more speech removal on social media networks, Dorsey argues, and will further limit the networks’ ability to address harmful content.

Dorsey says Twitter will seek to earn trust from users by increasing transparency around content moderation policies, instituting fair processes such as an appeals method, giving users more control over the algorithms that govern their experience, and protecting user privacy.

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Видео Twitter CEO Jack Dorsey: Eroding Section 230 'could collapse how we communicate on web' канала CNBC Television