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?
Big Tech fuels 'growth' with crime. 70% of new Facebook and Instagram advertisers are scammers—Meta knows but ignores it to impress investors.
byu/lughnasadh inFuturology
10 Comments
All part of enshittification. https://arstechnica.com/gadgets/2025/02/as-internet-enshittification-marches-on-here-are-some-of-the-worst-offenders/
Meta sold access to Cambridge Analytica allowing them to mine user’s data and laser target advertising to sway the 2016 US presidential election, which was won by a mere 80k votes spread across 3 states. The platform is flooded with bot accounts that aren’t even advertisers, but they’re increasing user engagements which in turn is helping their bottom dollar, so they’re doing absolutely nothing to try and stem the flow. They even removed the ability to report virus links (the only option is spam or porn, which are lower priority reports), because they don’t care if their users get viruses or hacked.
Them doing evil ish for money isn’t even remotely new, it’s their brand.
[https://en.wikipedia.org/wiki/Facebook%E2%80%93Cambridge_Analytica_data_scandal](https://en.wikipedia.org/wiki/Facebook%E2%80%93Cambridge_Analytica_data_scandal)
Not surprised at all. Just one massive scam. It’s finally rearing its ugly head. The kicker is that no one will care or report on it because people are greedy.
Facebook is about to find out that it’s mostly a website people won’t visit if it sucks. Gonna go the way of MySpace and good riddance.
this has been going on since the end of myspace. i threatened to out Ning for the same thing when they were doing unverified profiles with no email addresses on the networks I created for celebrities in the late aughts
There is a reason mark is spending his literal nut to build the next ecosystem and become apple like. I think he’s wrong. I think they should have built city districts and got into landlord stuff. I have the belief that devices have peaked, and that vr will be there, but not like they want. But what do I know?
I needed to change my rental so I googled the rental car company for the airport I was staying by. Didn’t look at the first link just called the number and didn’t realize it was suspicious until the guy on the other line asked for the security code on my credit card.
Hung up and looked at the link. It was a sponsored fucking scam website.
My fault for not checking, but I guess I didn’t realize Google would sponsor fucking scam websites as the first option on their search engine.
*receives unsolicited pic of hot girl*
Accompanying text: “Is this Sara?”
I think your posting is a bit disingenuous as while Meta has always been scummy and Google has definitely been serving up more ads, neither company has much impact on the other 5 companies in the list (Amazon, Apple, Nvidia, Microsoft, and Tesla), though I seriously question why Tesla is on the list.
OP knows, Meta knows, now we all know, shit the investors might find out, nobody say a word, promise
Take out ‘sky high’; valuations rely on a growth narrative.. you would hope so 🤞
WSJ found the evidence through investigation, I would hope all agree it was there to be found
It is implausible for meta to generate invoices, receive payment and relevant taxes, disperse funds to whichever tax authority and retain profits without understanding and holding accountability to who is generating the ads and who is consuming them
Clearly revenue is being raised and enjoyed by meta, the tax man and investors, with 3 ticked off the list, who is left to complain about this fruitful predicament 😂
Where does the buck stop… 😂
Reminds me to check my 🍏📉 I may donate the long terms to charity, still reeling after being missold Siri let alone 🍏 🤖