Lost money on a bitcoin scam on twitter? They exercised their free speech to display that scam, and should be liable for it.
Anti semitism or other hate speech? Guess who chose to publish it - Twitter.
Problem solved. Be a publisher or be platform. Be both, eat liability nobody else has special exceptions for.
but either way that's all a distraction from the original point, which is that the line between misinformation and being mistaken, or misinformation or truth, is arbitrary nonsense from politically active groups working to push their agendas, not anything related to truth.
Safe to say that making them choose either extreme will lead to the eradication of social media as we know it, as there's no way Twitter or Facebook would let people post if doing so would require them to 100x their legal team to deal with all of the new lawsuits they're directly liable for.
0: https://en.wikipedia.org/wiki/Stratton_Oakmont,_Inc._v._Prod....
1: https://en.wikipedia.org/wiki/Cubby,_Inc._v._CompuServe_Inc.
This is by far the best possible result. I don't care about social media, I care that some companies have been handed special dispensation against liability that no other publisher gets, strictly to create a service that isn't necessary, and when they've demonstrated they can arbitrarily remove any content they want already.
Let them close. The people who care about social media as it exists in the status quo are advertisers looking to build profiles on people who have no idea how much information they're leaking through the apps often pre installed on their phones.
Let them choose to be publisher or platform, and reap the rewards and consequences their choice brings, instead of creating this special class of companies who control speech but are immune from lawsuits. They and the legal position they've been given are a cancer on society.