fyi the reply by Dookiespeaks' argues against that interpretation:

"Section 230 protects websites from being held accountable for content their users upload. Without this protection, sites like 4chan basically can't function. Any malicious party could find a way to jam child porn through and get any site taken down.

The recent executive order said this:

When an interactive computer service provider removes or restricts access to content and its actions do not meet the criteria of subparagraph (c)(2)(A), it is engaged in editorial conduct. It is the policy of the United States that such a provider should properly lose the limited liability shield of subparagraph (c)(2)(A) and be exposed to liability like any traditional editor and publisher that is not an online provider.

Subparagraph (c)(2)(A) says this: No provider or user of an interactive computer service shall be held liable on account of any action voluntarily taken in good faith to restrict access to or availability of material that the provider or user considers to be obscene, lewd, lascivious, filthy, excessively violent, harassing, or otherwise objectionable, whether or not such material is constitutionally protected

So the executive order is meant to remove the protections of (c)(2)(A) from sites that edit their content beyond what is outlined in that subparagraph. "Regular" censorship of illegal and obscene materials is not part of that. You can't get a website banned with CP since that would still be protected by (c)(2)(A), only censorship beyond that would be affected. The executive order is not trying to get rid of the whole section, just remove the protections of subparagraph (c)(2)(A) from websites that use it to shut out opinions they don't like.

Put simply: It would make a website like Twitter or Reddit (unless they drastically change their censorship policies) as responsible for their content as CNN is responsible for their comments section (if they still have them lol). CNN can still delete illegal materials under (c)(2)(A).

4chan would not be affected by this since they don't delete opinions they don't like, they only delete illegal materials."

Further down the thread, Dookiespeaks states:

"... If you read the executive order, it's not trying to get rid of Section 230, it's just trying to remove the protections that allow websites to delete illegal and harassing material from websites that delete any and all opinions they don't like while pretending it's part of the same protection. Websites that simply delete illegal materials (like 4chan) would still be protected by section 230. I replied to the comment directly quoting the relevant subparagraph of Section 230 as well as the executive order.""