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Meta projected 10% of 2024 revenue came from scams

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Re: Meta projected 10% of 2024 revenue came from scams

#91

Post by ceejayoz »

smt88 wrote: post #79
Havoc wrote: post #52

Meta is cooked. It's not just scam portion - their entire strategy is in trouble FB - nobody I know actively uses it anymore. Insta - is being overrun with AI slop and given meta's stated goal of adding more AI interactions on their platforms I doubt they'll even try to get a grip on it let alone succeed Whatsapp & FB messenger - some use but has zero moat over other messengers. It's a completely fungible service in…

You're using anecdata to decide if a company with billions of users is viable? Literal nonsense. I hate Meta, but their ad business is still doing well and WhatsApp is the core of Indian society. AOL, Yahoo, and Tumblr still operate. Meta won't be dead in our lifetimes.

> AOL, Yahoo, and Tumblr still operate.

As empty shells of what they once were.

I've no doubt there'll be something at Facebook.com in ten years. But if it looks like your three examples, that's not a success.

Re: Meta projected 10% of 2024 revenue came from scams

#92

Post by Noaidi »

fouronnes3 wrote: post #28
macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

I don't see how the yearly tech support I do with my parents at Christmas will not one day converge to an outright ban of the internet. I am now demoing the level of sofistication of AI powered scams, telling them that it is now entirely possible they will get a VIDEO CALL from me that's not actually me asking for God knows what in a very convincing way using my face and voice. I am scared and this close to setting u…

> I am scared and this close to setting up a secret passphrase in case they need to tell me apart from a clone.

I have done this already and convinced a friend to do it after her father fell victim to a scam where he was convinced the sheriffs department wanted him to pay off a fine in gift cards.

I am also concerned that one might steal a trove of texts from someone and plug it into AI which could mimic the writing and tone of someone.

Re: Meta projected 10% of 2024 revenue came from scams

#93

Post by ferguess_k »

macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

Just curious what password manager I should use? I'm considering using a password manager instead of the Google ones and gradually switch all passwords to generated ones instead the one I usually use. Searched through HN for the last 6 months but found just too many posts about PM.

Re: Meta projected 10% of 2024 revenue came from scams

#95

Post by vintermann »

Workaccount2 wrote: post #86
macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

The answer isn't ad blocking, the answer is paying directly and in full (so no need to subsidize cost with ads) for the service. I cannot wrap my head around how generally intelligent people are completely blind to this. I guess 20 years of ad-block-is-the-norm has left people totally confused about internet monetization. I've never encoutered a problem that has such a clear answer, and that so many intelligent peopl…

Facebook has made it very clear that they don't want you to do this: you can pay for ad-free (I believe it's because they're legally obliged to offer that as a result of some things they'be done and deals they've made), but the cost is easily 100 times what they can make directly on ads for me. The only conclusion can be that they place an immensely high indirect value on serving me ads.

Re: Meta projected 10% of 2024 revenue came from scams

#96

Post by 542458 »

ferguess_k wrote: post #93
macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

Just curious what password manager I should use? I'm considering using a password manager instead of the Google ones and gradually switch all passwords to generated ones instead the one I usually use. Searched through HN for the last 6 months but found just too many posts about PM.

I believe Bitwarden, 1Password, or the stock Apple one are the typically recommended ones. Bitwarden is free (and can be self-hosted), 1Password is paid and has a slightly nicer UX, and the Apple one is good but requires you to be in their ecosystem. I personally use Bitwarden and have had no issues.

Re: Meta projected 10% of 2024 revenue came from scams

#97

Post by Workaccount2 »

cjonas wrote: post #8

At least 50% of the YouTube promoted videos I get are crypto currency scams where some paid actor walks you though deploying an eth contract that empties your wallet. I report every one and nothing changes :(

It's because google has no profile on you, likely because you block all tracking. Which is fine, but at least understand that it's not the norm.

Normal non-tech users (from watching youtube at friends houses or at my parents), mostly get ads for fabric softener and cat litter.

Re: Meta projected 10% of 2024 revenue came from scams

#98

Post by malfist »

Workaccount2 wrote: post #77
the_snooze wrote: post #48

Earlier quoted context omitted.

"If you're not paying for the product, you are the product." It's an outdated way of looking at tech. Many classes of paid products (e.g., cars, streaming services, IoT, operating systems) double-dip into tracking and advertisement. Why would a business actually want to do the hard work of serving user needs when they can hedge their bets with ad revenue? Line must go up.

They aren't double dipping, they are subsidizing the cost with ads.

When ford deployed LexusNexus tracking to my F150, they didn't refund any of my purchase price.

Samsung isn't refunding any of their $3k fridges that now have mandatory ads

Re: Meta projected 10% of 2024 revenue came from scams

#99

Post by swiftcoder »

Workaccount2 wrote: post #86
macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

The answer isn't ad blocking, the answer is paying directly and in full (so no need to subsidize cost with ads) for the service. I cannot wrap my head around how generally intelligent people are completely blind to this. I guess 20 years of ad-block-is-the-norm has left people totally confused about internet monetization. I've never encoutered a problem that has such a clear answer, and that so many intelligent peopl…

> We need to start paying for ad-free services. Wake up.

Where are all these ad-free services everyone keeps talking about? Social media companies don't even find it worth it to offer an ad-free plan last I checked...

Re: Meta projected 10% of 2024 revenue came from scams

#100

Post by jeffbee »

ferguess_k wrote: post #93
macNchz wrote: post #16

Alongside a password manager and keeping things up to date, using an ad blocker is truly a foundational security practice these days. The big advertising players simply have all of the wrong incentives to control this problem. They could massively reduce the volume of scams advertised on their networks, but it’d be worse for them on two fronts: they’d have to pay for more moderation, and they’d lose billions in reven…

Just curious what password manager I should use? I'm considering using a password manager instead of the Google ones and gradually switch all passwords to generated ones instead the one I usually use. Searched through HN for the last 6 months but found just too many posts about PM.

The Google one is quite good if you use Chrome anyway.
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