The Underlying Problem of Site Moderation

A friend of mine has been having some problems with Facebook censorship and it’s certainly not the first time I’ve seen this happen.
I understand that there has to be some kind of moderation policy.  Whenever you see a site that doesn’t have one, it descends into an insane level of trollery, almost immediately.  On the other hand, people will always object when it’s their stuff that’s being censored.
I think a large part of the problem is that Zuckerberg, who is worth tens of billions of dollars, is too cheap to hire the amount of human beings it would take to properly monitor all the traffic, and therefore it’s left up to algorithms, which may know the meanings of all the words but don’t have any concept of context, and may easily mistake a picture of a rock for a nude figure, because they can’t actually differentiate between a rock and a human being.  The difference between art and porn isn’t even the real problem.
Even if he were to hire human beings, it wouldn’t entirely solve the problems.  Maybe the people hired would turn out to be fascist dickheads, or total prudes, or something.
The problem goes deeper, and it is a bit of a sticky problem, because we obviously want a healthy social media scene, where lots of ideas are exchanged, and yet we don’t want to have some AI program becoming a dictator of the world.
The problem is that people who have success in the computer world, the Mark Zuckerbergs and Jeff Bezoses of the world, are computer people.  They are good with numbers, and electronics, and think in binary, ones and zeroes.  They see things in terms of black and white and don’t tend to be people people at all.
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