YouTube still being ‘weaponised’ by unscrupulous actors: Fact-checkers

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Delhi, Jan 13 | More that 80 top fact-checking organisations, including from India, have written to YouTube CEO Susan Wojcicki, saying that the platform is allowing itself to be “weaponised by unscrupulous actors” to manipulate and exploit others, and to organise and fundraise themselves especially around the Covid-19 pandemic.

Stressing that current measures on behalf of the Google-owned platform are proving insufficient, the groups said in an open letter published on Poynter that they urge the YouTube CEO to take effective action against disinformation and misinformation.

“Your company platform has so far framed discussions about disinformation as a false dichotomy of deleting or not deleting content,” read the open letter.

By doing this, “YouTube is avoiding the possibility of doing what has been proven to work: our experience as fact-checkers together with academic evidence tells us that surfacing fact-checked information is more effective than deleting content”.

The fact-checking organisations that signed the letter included PolitiFact, The Washington Post Fact Checker, Poynter’s MediaWise, India’s Fact Crescendo and Factly and many more organisations from other countries.

In the last year, fact-checking groups have seen conspiracy groups thriving and collaborating across borders, including an international movement that started in Germany, jumped to Spain and spread through Latin America, all on YouTube.

“Meanwhile, millions of other users were watching videos in Greek and Arabic that encouraged them to boycott vaccinations or treat their Covid-19 infections with bogus cures. Beyond Covid-19, YouTube videos have been promoting false cures for cancer for years,” said the fact-checking groups.

Given that a large proportion of views on YouTube come from its own recommendation algorithm, “YouTube should also make sure it does not actively promote disinformation to its users or recommend content coming from unreliable channels”.

The fact-checking organisations also proposed some solutions to help reduce the dissemination of disinformation and misinformation on YouTube.

“YouTube should support independent research about the origins of the different misinformation campaigns, their reach and impact, and the most effective ways to debunk false information,” they said.

“It should also publish its full moderation policy regarding disinformation and misinformation, including the use of artificial intelligence and which data powers it,” the groups added.

YouTube must act against repeat offenders that produce content that is constantly flagged as disinformation and misinformation, particularly those monetising that content on and outside the platform, notably by preventing its recommendation algorithms from promoting content from such sources of misinformation.

The company should “extend current and future efforts against disinformation and misinformation in languages different from English, and provide country- and language-specific data, as well as transcription services that work in any language”, they stressed.

Source: IANS

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.

 

Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.

In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.

Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

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