On Friday, special counsel Robert Mueller said a federal grand jury charged 13 Russians with interfering in the presidential election.
"Facebook is going through a maturation process," Hughes said Tuesday. "The whole team is realizing it's not just a place to go for fun [and] entertaining content. You just don't go to announce a wedding or the birth of a newborn."
"It's how we get our news, it's how we discuss and with that comes a very serious responsibility," he added.
Hughes was a Harvard dormmate of co-founder and current Facebook Chairman and CEO Mark Zuckerberg and early spokesperson for the social network. Hughes published an op-ed in The Guardian, calling for the U.S. to provide guaranteed income for every working adult who makes less than $50,000.
Hughes, who made a fortune as a co-founder of Facebook, also told CNBC that the digital economy is "going to continue to destroy" jobs in America.