eBay Founder Pierre Omidyar To Spend $100M To Destroy ‘Fake News’

Pierre Omidyar, one of many worlds richest males and the founding father of eBay, is about to spend $100M to crush free thought expression on-line underneath the guise of training individuals and serving to democracy.

The funds are to be dispersed over the subsequent few years by way of the Omidyar Network, a philanthropic funding agency based by he and his spouse in 2004.

The Anti-Defamation League might be amongst those that will obtain a grant for the constructing of a brand new centre within the Silicon Valley to censor discourse on social media networks and silence opposing opinions to what might be deemed acceptable.

“What we’ve seen over the last 12 months particularly has been an increase in distrust – distrust in government institutions, in the media and in social media,” mentioned Stephen King, companion at Omidyar Network.

“This new dedication is to supply funding for organisations which are making an attempt to revive belief.

Public religion in establishments is at an all-time low, Mr King mentioned, and “different info”- are gaining traction.

Pierre Omidyar needs to regulate what you’re allowed to suppose and imagine by giving highly effective organizations the instruments to determine what you might be and are usually not allowed to see on-line:

“Rumour has become the new currency and people are much more focused on believing what their peers say, and what their own political beliefs are telling them.”

“We’re trying to expose people as much as possible to a variety of different ways of accessing information and checking sources,” he mentioned.

The Telegraph reports:

The cash might be distributed principally exterior the US, with a concentrate on international locations the place free speech is underneath risk. “We take it for granted sometimes in the UK and in the US, but in many countries around the world you don’t have that tradition of impartial, independent media that isn’t state-run or captured by corporate interests.”

Details of the brand new fund might be introduced on the Skoll World Forum in Oxford as we speak.