You know that book/movie, "The Firm", in which the new law school graduate gets a surprisingly lucrative job offer? (spoilers) It turns out that the reason is Crime.

The only thing I can do is delete all my Meta accounts. One of the riches companies in the world with some very smart people and its ruined by toxic leadership.

If this was my product, I’d feel ashamed by how trash it is. I really hope governments force stricter regulations on meta and ads in general. Meta should be liable if a user is scammed by an ad on their platform. Plane and simple.

It's a clear example here. Meta is wasting good customer's money by showing them alongside scams and just devaluing ads by decreasing user trust. But also we only have these regulatory agencies because of this type of selfish behavior in the first place.

It sucks that these regulatory agencies cost so much money. But why do we blame the government? It's completely a problem we create. If people and companies didn't act like shit we wouldn't need those expenses in the first place. Let's not blame the regulators (for existing, but do for being ineffective) and blame the "bad apples" that are spoiling the barrel.

But what I do appreciate is that other countries are stepping up and not just waiting for the US to fix things. Real progress is being made because of this even if it still has a long way to go.

Possible ways to kept Meta ad records honest and transparent:

- CCing archive.org

- Store on an append-only system with hashing, hello blockchain use-case ha ;D.. IPFS or even GitHub should do, no crypto payments required.

- Third-party government bodies could require copies.

Governments seem to be a step behind when it comes to protecting their citizens from unethical social media corporations. As in this case, any sensible regulations that are imposed will be circumvented in the most dishonest ways possible. Regulations often aren't imposed at all due to pressure from the U.S. government, whom Meta has considerable influence over. Could international cooperation to regulate social media solve some of these issues?

_____________

[1]https://systemicjustice.org/article/facebook-and-genocide-ho...

I guess we should count ourselves lucky..

Any day now.

She told me that she saw an ad on Facebook to double her money and asked her daughter if it was a legitimate opportunity. Her daughter said to her "If you ever think about calling me to ask that question, you can put down the phone because it's a scam."

Consider the TV industry in the USA: it makes huge amounts of money from political ads, which are for the most part scams. The same people who make money from those scam ads also control the news. So guess what? No pressure to not scam the population with false advertising.

Perhaps it helps to have not grown up in the US. If you've been here your entire life there's a frog boiling syndrome where none of the weirdness seems weird. This is why JD and co witter on about how terrible Europe is -- they need to keep up the delusion that scammers should get to scam and there's no hope to stop them. The recent moves to sanction European campaigners against big tech disinformation is really: the scammers got the root password to the country and are using it to fight back.

It's interesting that Facebook was trying NOT to uncover identities, they're famous for insisting on real names.