Facebook's Position on Deepfakes Is Indefensible, Elevation's McNamee Says

The transcript discusses the challenges posed by social media platforms like Facebook and Google, focusing on issues such as hate speech, disinformation, and deep fakes. It highlights the platforms' business models that prioritize engagement over user safety and the need for algorithmic changes. The conversation also touches on the responsibility of platforms in managing harmful content, comparing digital pollution to chemical waste. Additionally, concerns about Facebook's potential cryptocurrency launch are raised, emphasizing the need for regulatory oversight.

How does the speaker compare the responsibility of social media platforms to that of chemical companies in the past?

What is the speaker's opinion on Facebook potentially launching a new cryptocurrency?