US Presidential elections 2020: Is Facebook really ready for the polls??

Ever since Russian agents and other opportunists abused its platform in an attempt to manipulate the 2016 U.S. presidential election, Facebook has insisted repeatedly that it's learned its lesson and is no longer a conduit for misinformation, voter suppression and election disruption.

But it has been a long and halting journey for the social network. Critical outsiders, as well as some of Facebook's own employees, say the company's efforts to revise its rules and tighten its safeguards remain wholly insufficient to the task, despite it having spent billions on the project.

As for why, they point to the company's persistent unwillingness to act decisively over much of that time.

Am I concerned about the election? I'm terrified, said Roger McNamee, a Silicon Valley venture capitalist and an early Facebook investor turned vocal critic. At the company's current scale, it's a clear and present danger to democracy and national security. The company's rhetoric has certainly gotten an update. CEO Mark Zuckerberg now casually references possible outcomes that were unimaginable in 2016 among them, possible civil unrest and potentially a disputed election that Facebook could easily make even worse as challenges the platform now faces.

This election is not going to be business as usual," Zuckerberg wrote in a September Facebook post in which he outlined Facebook's efforts to encourage voting and remove misinformation from its service.

We all have a responsibility to protect our democracy.

Yet for years Facebook executives have seemed to be caught off guard whenever their platform created to connect the world was used for malicious purposes.

Zuckerberg has offered multipleapologies over the years, as if no one could have predicted that people would use Facebook to live-stream murders and suicides, incite ethnic cleansings, promote fake cancer cures or attempt to steal elections.

While other platforms like Twitter and YouTube have also struggled to address misinformation and hateful content, Facebook stands apart for its reach and scale and, compared to many other platforms, its slower response to the challenges identified in 2016.

In the immediate aftermath of President Donald Trump's election, Zuckerberg offered a remarkably tone-deaf quip regarding the notion that fake news spread on Facebook could have influenced the 2016 election, calling it "a pretty crazy idea. A week later, he walked back the comment.

Since then, Facebook has issued a stream of mea culpas for its slowness to act against threats to the 2016 election and promised to do better.

I don't think they have become better at listening, said David Kirkpatrick, author of a book on Facebook's rise.

What's changed is more people have been telling them they need to do something.

The company has hired outside fact-checkers, added restrictions then more restrictions on political advertisements and taken down thousands of accounts, pages and groups it found to be engaging in coordinated inauthentic behaviour.

That's Facebook's term for fake accounts and groups that maliciously target political discourse in countries ranging from Albania to Zimbabwe.

It's also started added warning labels to posts that contain misinformation about voting and has, at times, taken steps to limit the circulation of misleading posts.

In recent weeks the platform also banned posts that deny the holocaust and joined Twitter in limiting the spread of an unverified political story about Hunter Biden, son of Democratic presidential candidate Joe Biden, published by the conservative New York Post.

All this unquestionably puts Facebook in a better position than it was in four years ago. But that doesn't mean it's fully prepared.

Despite tightened rules banning them, violent militias are still using the platform to organize. Recently, this included a foiled plot to kidnap the governor of Michigan.

In the four years since the last election, Facebook's earnings and user growth have soared.

This year, analysts expect the company to rake in profits of USD 23.2 billion in profit on revenue of USD 80 billion, according to FactSet. It currently boasts 2.7 billion users worldwide, up from 1.