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Big Tech fuels 'growth' with crime. 70% of new Facebook and Instagram advertisers are scammers—Meta knows but ignores it to impress investors. (self.futurology)

submitted 1 week ago by Lugh to c/futurology

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The 'Big 7' prop up the U.S. stock market, accounting for a third of its value. Their sky-high valuations rely on a 'growth' narrative—if that fades, their stocks could crash.

Google deliberately worsened search results to keep users viewing more ads, as recent research revealed. A WSJ investigation found Meta knowingly lets criminal advertisers flourish, fearing a stock drop if it cracks down.

Now, AI firms are the market's new darlings. Under similar pressure to deceive, what happens when they wield the most powerful tech ever?

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[–] huppakee@lemm.ee 16 points 1 week ago (2 children)

Same with Google, reported an ad that was obvious scam (like copied news websites telling you to invest in this vague crypto currency while promising 50,000% returns, like next level not to be trusted) thinking i was helping people out only to get a reply they found no evidence it broke one of their policies. They know they're in bed with bed guys.

[–] Hegar@fedia.io 9 points 1 week ago

YouTube ads are 100% scam from what I can tell.

At my work there's a computer that residents only use to listen to music on YouTube and after each song it's nothing but ai generated ads for some weird trick a housewife found and other blatant bald-face lies.

[–] 01189998819991197253@infosec.pub 3 points 1 week ago

They're not in bed with the bad guys... they are the bad guys.