Jim Cramer on Why He Liked Mark Zuckerberg's Op-Ed

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Facebook (FB) - Get Report CEO Mark Zuckerberg, in an opinion piece posted in the Washington Post over the weekend, suggested more regulation would be a way to improve the internet.

"I believe we need a more active role for governments and regulators," wrote Zuckerberg. "By updating the rules for the internet, we can preserve what's best about it - the freedom for people to express themselves and for entrepreneurs to build new things - while also protecting society from broader harms."

Zuckerberg called on four areas of the internet to become regulated: harmful content, election integrity, privacy and data portability.

Terrorist propaganda, hate speech and similar postings should be regulated, said Zuckerberg just weeks after Facebook was unwittingly used by the shooter in the New Zealand terror attack to livestream his massacre. The site had also had been mired in controversy over postings related to Russian attempts to influence in the 2016 U.S. presidential election and as a longtime forum for opinion related to Infowars host Alex Jones and others.

"We continually review our policies with experts, but at our scale we'll always make mistakes and decisions that people disagree with," he said. "Lawmakers often tell me we have too much power over speech, and frankly I agree. I've come to believe that we shouldn't make so many important decisions about speech on our own."

Related. The Market Appreciates Mark Zuckerberg's Mea Culpa Maneuver

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