The landscape of public affairs and politics has undergone a seismic shift in the 21st century, driven by the wave of digitalization. Gone are the days of limited political engagement through traditional media outlets like evening news and newspapers. The digital revolution has shattered geographic barriers, offering citizens a vast sea of information to navigate.
While legacy media still hold sway, the digital realm has democratized access to information, birthing a multitude of sources to choose from. However, this flood of information comes with a caveat—a dire need for media literacy to decipher facts from fiction.
Recognizing the dual nature of digitalization, Timothy Hwang, Gerald Yao, and Jonathan Chen laid the cornerstone of FiscalNote in 2013. Positioned as a cutting-edge information services company specializing in global policy and market intelligence, FiscalNote harnesses the power of AI and peer insights to equip lawmakers, enterprises, and organizations for the digital age.
FiscalNote’s prowess lies in its ability to derive valuable insights from billions of datasets through AI, offering users a comprehensive view of public figures’ utterances to unveil hidden trends and outliers. Empowering users to automate policy tracking and monitor issues across federal, state, and local landscapes, FiscalNote’s solutions are poised to play a pivotal role in the impending 2024 election cycle.
Recent elections have demonstrated the populace’s growing reliance on digital platforms and social media for information consumption. With over 40% of young Americans citing social media as their primary news source, the influence of digital outlets is undeniable. Yet, this digital ecosystem can foster echo chambers, undermining transparency and accountability.
Enterprises like FiscalNote are at the vanguard of arming citizens with the tools needed to navigate this digital realm effectively. Offering essential resources for advocacy and stakeholder engagement, FiscalNote enables users to sift through information from a neutral standpoint. Their VoterVoice platform serves as a springboard for organizations to drive grassroots political impact through campaigns, advocate engagement, and real-time monitoring.
As emotional polarization grips the nation, catalyzed by divergent media consumption habits, FiscalNote stands as a beacon of hope. With Millennials and Gen Z set to dominate the electorate, bridging the digital divide is imperative. FiscalNote’s initiatives cater to citizens of all ages, facilitating engagement with public affairs irrespective of their preferred media diet, be it talk radio or TikTok.
Featured photo by Phil Scroggs on Unsplash.