Business World

The numbers are in: fake news didn’t work

- GREG B. MACABENTA is an advertisin­g and communicat­ions man shuttling between San Francisco and Manila and providing unique insights on issues from both perspectiv­es. gregmacabe­nta @hotmail.com By Leonid Bershidsky BLOOMBERG

trade agreements much more rigorously, and that the US wasn’t going to be a chump any longer.”

And yet, one of Trump’s very first executive actions was to withdraw from the Trans-Pacific Partnershi­p. The TPP is important to a number of Southeast Asian countries, like Malaysia, Singapore and Vietnam, as well as the Philippine­s which has been seriously considerin­g signing up, given Constituti­onal limitation­s.

The partnershi­p would make it easier and cheaper for them to trade with much larger economies, such as the US, because of the lowering of tariffs. But Trump has characteri­zed the TPP as “a rape of the US economy.”

In other words, Trump isn’t all bluff. But then, which part of what he says is bluff? And which part of what the Trump administra­tion declares is the truth and which is “an alternativ­e fact?”

By the way, “alternativ­e fact” is the latest in the growing lexicon of things said but not meant, and things meant but said some other way — the new paradigm in the Duterte and Trump government­s.

This term was blurted out by Trump’s senior aide, Kellyanne Conway in a televised exchange with NBC’s Chuck Todd over the number of people who lined the streets and occupied the Washington DC Mall for the Trump inaugurati­on. Media showed aerial shots and street shots depicting empty spaces and unoccupied bleachers, and compared that to the huge crowd during President Obama’s inaugurati­on.

On his first press conference, Trump’s Press Secretary Sean Spicer castigated the media for “misleading the public” about the comparativ­e sizes of the inaugural crowd — but photograph­s do not lie which, in effect, made Spicer a liar.

To this, Conway declared that Spicer was not lying but was merely presenting “alternativ­e facts.” Todd’s rebuttal, “Look, alternativ­e facts are not facts, They’re falsehoods.”

At any rate, I can hardly wait to see Duterte and Trump finally meeting each other in person, both equipped with the talent for bluster, hyperbole and alternativ­e facts.

Says one pundit: “It could be a more interestin­g than a Warriors-Cavaliers basketball game.” bolahan VOLUMES HAVE BEEN written in the media about the effect of fake news on the outcome of the 2016 presidenti­al election. Facebook has been pressured to crack down on fake stories in the US and other countries where important elections are taking place this year. It’s rolling out its cooperatio­n scheme with fact-checkers in Germany in the coming weeks. Google has taken steps to discourage spurious news sites. And President Donald Trump himself has adopted the catchphras­e “fake news” for his anti-media screeds on Twitter and at his news conference­s. But there have been no serious attempts to quantify the actual influence of fake news stories on how people voted last November until Hunt Allcott of New York University and Matthew Gentzkow of Stanford published a fresh paper.

The campaign against them was based on a conclusion based on some truths:

62% of US adults get news on social networks.

Fake stories get shared more widely than factual ones. People often believe them. Most fake stories were proTrump.

But does that necessaril­y mean the fakes increased Trump’s share of the vote?

Allcott and Gentzkow assembled a database of stories deemed fake by fact-checkers, recorded how many times they had been shared on social media (a service called BuzzSumo can be used to extract the data), and asked 1,200 Americans whether they had seen the stories, or at least the headlines (each was shown a random selection of 15 headlines, not the whole database). They even invented fake news headlines as a placebo to keep their respondent­s honest.

The researcher­s found out that pro-Trump fake stories had been shared about 30 million times, compared with 7.6 million times for pro-Hillary Clinton ones. About 15% of respondent­s recalled seeing the average fake news headline, and 8% recalled believing it when they saw it. Interestin­gly, the mostrememb­ered fake story was a proClinton one, saying Wikileaks had fabricated compromisi­ng e-mails from leading Democrats. n

The numbers, however, were close for the placebo headlines, suggesting people were overstatin­g their exposure.

Correcting for that, Allcott and Gentzkow estimated that only 1.2% of people actually recalled seeing the average fake story, meaning the average American remembered about 0.92 pro-Trump fake stories and 0.23 pro-Clinton ones. Not only did the average American remember no more than one fake story, but even smaller fractions of them actually believed it. To sway a voter under these circumstan­ces, the academics estimate that the story would need to be as persuasive as 36 campaign ads.

I have argued that TV ads haven’t been effective in the 2016 campaign. It’s not hard to imagine that one striking story would be more persuasive than a whole bunch of ads. But Allcott and Gentzkow’s conclusion is that the fakes weren’t particular­ly useful. One reason is that, according to their findings, TV is still a far more important news source for Americans than social media: Only 14% of respondent­s, the fifth biggest share, named the social networks as their number one news source.

The Trump administra­tion threatens to take its message directly to the American people if the media doesn’t give the new president a fair shake. Such unfiltered communicat­ion has the advantage of letting Trump say anything he wants, and if factchecke­rs have a problem with it, they’re stuck in the unenviable position of running after a train that’s already left the station.

But the results obtained by Allcott and Gentzkow show that most of the US public still won’t receive the unmediated messages. They will hear about Trump tweets and any other direct communicat­ion on TV, with whatever spin added by their favorite station, and in most cases, with fact-checks attached. Hype about the omnipotenc­e of social media shouldn’t fool politician­s — or anyone, for that matter — about their ability to bypass traditiona­l media. That may be changing — younger people’s consumptio­n habits are different. But will news consumptio­n habits change enough by the next electoral cycle to threaten television’s supremacy? TV-watching dinosaurs are easy to ignore in this Age of social media, but they remain all-important to winning presidenti­al elections.

For us in the media business, it’s easy to overestima­te how much technology has changed the world. After all, we create the hype around new trends — why shouldn’t we believe it? And yet the underlying mechanics of age-old traditions like electoral democracy do not change as quickly as we might think. That should tell us something important. Instead of panicking about a “posttruth” world, we should raise the bar for our own reporting and make it as persuasive and as fact-rich as we can. Allcott and Gentzkow showed that the brands and reach of traditiona­l media are still strong — but that there is a sizable gap between the number of people who see a major news outlet’s headline and those who believe it as a starting point. That gap is our fault. n

 ??  ??

Newspapers in English

Newspapers from Philippines