A bombshell investigation by reuters has uncovered internal documents revealing that meta knowingly profits from scam advertisements on facebook, instagram, and whatsapp to the tune of billions of dollars annually. Bombshell report exposes how meta relied on scam ad profits to fund ai arstechnica.com 12 11 comments Reuters recently investigated meta, and obtained internal documents that showed that meta projected 10% of its 2024 revenue would come from ads for scams and banned goods.
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Meta should notify users when the company discovers that they clicked on a scam ad—rather than targeting them with more scam ads.
Bombshell report exposes how meta relied on scam ad profits to fund ai
Documents showed that internally, meta was hesitant to abruptly remove accounts, even those considered some of the “scammiest scammers,” out of concern that a drop in revenue could diminish resources needed for artificial intelligence growth.
