Cuban: Facebook knowingly runs AI deepfake scam ads; docs say $16B fraud revenue
Mark Cuban claims Facebook knowingly runs deepfake scam ads to generate revenue.
AI-generated summary
Billionaire investor Mark Cuban claims Facebook (Meta) knowingly runs AI-generated deepfake advertisements featuring his likeness, scamming elderly individuals. Internal Meta documents reportedly suggest the company anticipates significant revenue, potentially up to $16 billion annually, from ads promoting scams and prohibited products. Meta disputes these figures, stating they present a selective view and that user complaints have decreased.
Hacker News submitter: randycupertino
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