The global state of fake news in 5 charts

“As reporters uncovered the sources of many of the fake-news stories, the global nature of programmatic selling and buying was revealed,” said Forrester analyst Susan Bidel.

Media coverage
For a few months the press has extensively covered fake news. Brandwatch found that since the beginning of October, there have been about 54,000 stories with “fake news” in the headline. As the chart below shows, the stories began coming out in waves after the election.

A MediaMath spokesperson said that awareness of fake news increased around the election because fake news was pushed out to confuse voters and influence the outcome of the election, when previously fake news had been relegated to fringe websites and distributed in lower quantity.

International coverage
The press coverage of fake news has extended beyond U.S. borders. Brandwatch data track only activity in English. But outside the U.S., there were about 10,000 stories with “fake news” in the headline since October. The U.K. had the most stories, with about 2,000.

“This is a global issue,” Bidel said. “Fake news will be a problem wherever fake-news generators can make money.”

User confidence 
Despite all the reports of people being fooled by false stories, a recent Pew report showed the majority of respondents were confident in their ability to detect fake news. But that confidence is often misplaced.

Social platforms
There is plenty of blame to go around when it comes to misleading content. But the role of social media in facilitating the spread of misinformation cannot be overlooked. As BuzzFeed reported, bogus stories were shared more frequently after Facebook altered its algorithm to emphasize friends’ posts over publishers’.

Even more damning, a survey from BuzzFeed and Ipsos Public Affairs found that people who use Facebook as their primary news source believed false headlines 83 percent of the time. After initially denying its role in the problem, Facebook addressed it by sponsoring fact-checking initiatives, hiring a media liaison and banning fraudulent websites from its ad network. But that hasn’t been enough to curb the misinformation from spreading.

“While all steps taken by all these entities to curb fake news are admirable,” Bidel said, “as long as fake-news generators can make money from their efforts, the problem won’t go away.”