Does Social Media Algorithm Impact Political Beliefs? Research Finds Limited Impact
Portfolio Pulse from Anusuya Lahiri
Four new studies have found that removing some algorithm functions on Meta Platforms' Facebook and Instagram had no measurable effects on people's political beliefs. The studies, which were conducted in collaboration with Meta, also found that political news consumption on the platforms was highly segregated by ideology. Despite these findings, researchers hope the studies will lead to more comprehensive work in the field. Meta spent $20 million on the research.

July 28, 2023 | 1:55 pm
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POSITIVE IMPACT
The research findings may alleviate some regulatory concerns around Meta's social media algorithms, potentially providing a positive sentiment around the company.
The research findings suggest that Meta's social media algorithms have limited impact on political beliefs, which could potentially alleviate some of the regulatory concerns around the company. This could lead to a positive sentiment around the company, potentially impacting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100