Back in 2013 I argued that under the Supreme Court's jurisprudence algorithmic editing is speech for First Amendment purposes, and in Moody v. NetChoice the Supreme Court squarely so stated, in the context of social media platforms' algorithmic prioritization of content.
Many people are unhappy about this jurisprudence, for understandable reasons. The invalidation of laws regulating websites' substantive algorithmic decisions is a striking, and arguably unsettling, prospect. Some of the critics argue for revamping First Amendment jurisprudence. That would extend far beyond the treatment of editorial choices, but others respond more directly to this jurisprudence – for example, treating social media platforms as state actors or common carriers.
In my forthcoming Content Moderation and the First Amendment, I discuss these possible responses designed to limit Moody, concluding that the strongest candidate is excluding from First Amendment coverage editorial judgments made by monopolists. Unlike the other possible responses, it avoids arbitrary distinctions and focuses on companies that, by hypothesis, lack significant competitors.