Social Media

Social Media

INDUSTRY SUMMARY: SOCIAL MEDIA This scorecard presents the EthicsGrade™ Baseline assessment of AI governance maturity across the industry of Social Media, based on publicly available information. Our methodology is developed from Ethical by Design (Radclyffe & Nodell, 2020) which sets out how digital ethics questions can be measured and managed as ESG issues. SOCIAL MEDIA COMPARISON Technical EthicsGrade™ Structure Public Policy Barriers to Ethical Risk Data Privacy Rating Trust Twitter B 61.3 VK C 58.9 Instagram C 50.3 Facebook C 50.3 LinkedIn D 47.5 Renren D 44.5 TikTok R 41.9 Xing NR 39.9 KEY TAKEAWAYS FROM INDUSTRY ANALYSIS • Across the industry, Data Privacy was the strongest • LinkedIn did provide information on Data Privacy category. Up-to-date and transparent policies can and governance structures but, they had little be attributed to the introduction of GDPR. information on their regulatory compliance. • Twitter is the highest scoring company within social • Positive findings showed Renren provided training is media companies rated. Its key strengths lie in the to all those involved in commercial or development transparency of its governance structures. roles on questions of ethics, promoting principled • We found evidence of strong ethics policies within product development. However, evidence VK, with an open issue reporting system and of regulatory measures or collaboration with review mechanism for AI ethics principles in place. regulatory bodies were limited. However, safety measures regarding their AI use • Insights into TikTok’s structural governance were were unclear. minimal; unable to find adequate indication of AI • Facebook’s AI governance measures extended ethics principles in place. However, evidence of to Instagram, as they operate under the same the company’s public response to diversity and structures. Research showed strong collaboration inclusion in its workforce was strong. on AI and data regulation with the EU and other • Xing provided detail in their governance structures industry bodies. However, concerns relating to their and data privacy; they offered no insight into their ethical use of AI following public scandal were key diversity and inclusion measures or HR policies in weaknesses for the two. place to protect employees. .

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