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Meta projected 10% of 2024 revenue came from scams

sherwood.news

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

#321

Earlier quoted context omitted.

Ideally this but Section 230 guarantees that you will lose. The laws need to be changed.

I don't know if ads count as content posted by users.

It does. Advertisers are also users and ads are generated by them.

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

#322
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…

Apple and Microsoft need to wake up and bake it into the OS. Hopefully that will take meta and google down a notch.

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

#323
post #305

I tried to get Kickstarter to take down an obvious scam a while back. Best I could do was post on Reddit to warn folks though. Checked on it recently, so many comments of folks asking for shipping details / anything. Hundreds of thousands of dollars just scammed from folks. And they're still raising / stringing folks along. It's wild.

That sounds tantalizing! Link please?

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

#324

Snakeoil on every corner these days - from online scams to text message scams to the whole supplements industry to prosperity gospel to ... it sure feels like we're surrounded by hustlers and charlatans.

Supplements industry? I only take whey protein and creatine from known sources. Anything on this?

i think they're talking about Hims-type businesses and the type of stuff that makes low/mid-level right-wing grifters their money: colloidal silver, methylene blue, anything else Alex Jones is hawking. maybe you could group Tucker Carlson's Nicotine Pouches For Christian Nationalists in there too, idk.

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

#325

Earlier quoted context omitted.

Ideally this but Section 230 guarantees that you will lose. The laws need to be changed.

The laws need to be changed. My how the worm turns. HN users used to herald that law as the best thing since Betty White (who was older than sliced bread). Without 230, there would be no YouTube. No Facebook. No Instagram. No social media. Forums would likely have gone extinct. Half of the tech industry and a good chunk of the jobs that people on HN do would never have happened. Now people on HN want to get rid of th…

> Without 230, there would be no YouTube. No Facebook. No Instagram. No social media.

Sounds like a good thing to me?

> Half of the tech industry and a good chunk of the jobs that people on HN do would never have happened.

And it would be good. It's not like we do any real work. I know I don't.

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

#326

Why aren't we (society) fining Meta et cetera for collaborating in scams again? Or at least having the fines actually be equal to the money they're earning so the fines aren't just cost of business?

Forget fines, they should be liable for any losses incurred by people scammed.

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

#327
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…

Frankly, that passphrase should already have been established when you were a kid: it would have been used for if a stranger / unexpected person needed to give you a ride on behalf of your parents.

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

#328
post #299

Earlier quoted context omitted.

Ideally this but Section 230 guarantees that you will lose. The laws need to be changed.

Changed to what? Should dang become legally responsible for any of the bad legal advice I've been giving people on this forum? Should Murdoch go to prison for the lies in the paid advertising that Fox anchors and opinion wonks are doing every day? Let me take things back a step - it's nearly impossible to hold people who are lying accountable. Surely the platform bears less responsibility than the liars on it?

I don't know but I think there is a room for compromise. If you post illegal things online and the site cannot identify you so that you can be held accountable then the site should be held accountable. As it stands people are harmed and nobody is liable so we end up in this situation.

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

#330
post #42

Earlier quoted context omitted.

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…

My guess is the already-existing trend towards walled gardens will simply continue. When a public space is dangerous, people retreat into "safe" enclosed spaces. - "Never download anything unless it's from the Apple App Store" - "Never buy anything unless you're on amazon.com" - "Dont use the internet outside of ChatGPT"

That would be one possible dystopia, but I think we actually are going to dodge it.

Smart, on device agents that are aligned with a user's interests will be able to act as the "walled garden" the user needs. In fact, this future is anti-dysopian, because the agent will not care about existing walled gardens and digital fiefdoms, and to the extent that it's using them it's going to deprive them of ad revenue, and they'll have to sit and take it because being agent unfriendly will be a death sentence for a business.

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