Facebook CEO Mark Zuckerberg defends himself against Twitter's Jack Dorsey, saying political ad decision is not all about money.
On the call, Zuckerberg said the company estimates ads from politicians will be less than 0.5% of its revenue next year.
"To put this in perspective, the FTC fine that these same critics said wouldn't be enough to change our incentives was more than 10x bigger than this," he said. Zuckerberg also argued that Google, YouTube, some cable networks and national broadcasters run "these same ads." Google didn't immediately respond to a request for comment.
"I think there are good reasons for this," he said. "I don't think it's right for private companies to censor politicians and the news." Twitter CEO Jack Dorsey had already anticipated and poked fun at this argument, tweeting, "For instance, it's not credible for us to say: 'We're working hard to stop people from gaming our systems to spread misleading info, buuut if someone pays us to target and force people to see their political ad…well...they can say whatever they want!'"
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