"Meta estimates that ten percent of the company’s annual revenue comes from fraudulent ads on its services – amounting to a dizzying 16 billion dollars.
– Meta is earning billions from consumers being scammed. Even if the company gets fined – a process that takes years – the fines we have seen so far only amount to a fraction of these profits. In other words, Meta has no incentive to solve the problem. Meanwhile, the company doesn’t lift a finger to help its users, whether their profiles are misused in the scam ads, or they fall victim to the scams, Myrstad says. "
And somehow they are allowed to continue operating, and we accept them saying "we couldn't possibly actually police all this content! There's just too much of it. We're too large for such concerns!"
I really wish the rest of us could turn around and say, to their faces "That sounds like a you problem"
To achieve a better digital world, where technology works for people
rather than against them, several steps must be taken:
1. Rebalance power between service providers and
consumers. People should be allowed to control their digital
experiences and decide how they want to use products that
they own. It should be possible and practical to switch to
alternative service providers, or tweak services they already
use to suit their needs and preferences.
2. Tackle dependency on Big Tech. To lay the groundwork for
innovative products and services and pave the way for
alternatives to Big Tech, competition in digital markets must be
restored. Technology based on principles such as openness,
interoperability and portability must be advanced through
strategic investments. For example, the public sector should
leverage its power as a major procurer to support alternatives
to big tech through exploring options for ethical procurement
of technology services.
3. Double down on the enforcement of existing laws. Far
from hindering innovation, regulations provide crucial
guardrails to guide innovation and ensure a level playing field.
Weak enforcement allows big tech to continue its damaging
practices at the cost of freedom of choice, service quality, and
innovation. To remedy this, enforcement of existing laws must
be strong and vigorous. This includes the DMA and
competition laws more broadly, but also other digital rules
such as the GDPR and consumer law.
4. Close the existing legal loopholes by adopting a strong
Digital Fairness Act. Increase legal certainty and address
loopholes in the legislation to better protect people for
instance against deceptive and addictive design, and unfair
personalisation.
"Meta estimates that ten percent of the company’s annual revenue comes from fraudulent ads on its services – amounting to a dizzying 16 billion dollars.
– Meta is earning billions from consumers being scammed. Even if the company gets fined – a process that takes years – the fines we have seen so far only amount to a fraction of these profits. In other words, Meta has no incentive to solve the problem. Meanwhile, the company doesn’t lift a finger to help its users, whether their profiles are misused in the scam ads, or they fall victim to the scams, Myrstad says. "
And somehow they are allowed to continue operating, and we accept them saying "we couldn't possibly actually police all this content! There's just too much of it. We're too large for such concerns!"
I really wish the rest of us could turn around and say, to their faces "That sounds like a you problem"
Where is that quote sourced?
https://www.forbrukerradet.no/news-in-english/digital-produc...
You can find the 10% from scam thing all over the place. ala-
https://www.reuters.com/investigations/meta-is-earning-fortu...
From the english letter:
To achieve a better digital world, where technology works for people rather than against them, several steps must be taken:
1. Rebalance power between service providers and consumers. People should be allowed to control their digital experiences and decide how they want to use products that they own. It should be possible and practical to switch to alternative service providers, or tweak services they already use to suit their needs and preferences.
2. Tackle dependency on Big Tech. To lay the groundwork for innovative products and services and pave the way for alternatives to Big Tech, competition in digital markets must be restored. Technology based on principles such as openness, interoperability and portability must be advanced through strategic investments. For example, the public sector should leverage its power as a major procurer to support alternatives to big tech through exploring options for ethical procurement of technology services.
3. Double down on the enforcement of existing laws. Far from hindering innovation, regulations provide crucial guardrails to guide innovation and ensure a level playing field. Weak enforcement allows big tech to continue its damaging practices at the cost of freedom of choice, service quality, and innovation. To remedy this, enforcement of existing laws must be strong and vigorous. This includes the DMA and competition laws more broadly, but also other digital rules such as the GDPR and consumer law.
4. Close the existing legal loopholes by adopting a strong Digital Fairness Act. Increase legal certainty and address loopholes in the legislation to better protect people for instance against deceptive and addictive design, and unfair personalisation.
I hope this leads to them pushing for Jolla and similar to not be locked out of banking apps (and EU IDs…)
Reinstate strong powers to understand and adapt devices you own, rather than pandering to US industry interests.