Misinformation is nothing new—people and organizations have been publishing claims that contradict and distort well-verified facts for centuries. Long before the US political climate of the 2010s gave rise to terms like fake news and alternative facts, misinformation and disinformation were used by everyone from rulers in ancient Rome to 20th century satirists.
The misinformation ecosystem of the past decade, however, is new, thanks in large part to the rise of social media and, more recently, artificial intelligence. The ease with which content can now be created and shared, as well as the use of algorithms that are optimized for engagement, means misinformation can spread quickly, especially within an environment that often doesn’t cue people to fact check. In the past, misinformation was spread by a select few who wielded influence, but new platforms coupled with AI tools have democratized the practice.
It’s a tangled web that Gita Johar, the Meyer Feldberg Professor of Business at Columbia Business School, captures in a framework she calls The Three Ps: publishers, people, and platforms. Publishers, intentionally or not, may create false and sensationalized content—misinformation about climate change, for example. People consume and share this content, often through social media platforms, giving rise to often-problematic behavior.
Like a three-legged stool, Johar says, it’s not possible for one to exist without the other. Understanding this is the key to preventing the spread of misinformation, an increasingly potent hazard that impacts not only people but also private businesses, which stand to lose their reputations, partnerships, and ultimately revenue.
In a conversation with Columbia Business, Johar shared more about the rise of AI-fueled misinformation, how it can be prevented, and what exactly is at stake for businesses caught in the mix.