Oh great, spam is on the rise

Anyone else have 15 voicemails about how the FBI is looking into their car’s extended warranty? Juliet said she hasn’t had a car in 7 years, yet that’s her No. 1 spam call.

How about spam texts? The average American got ~42 of those in March.

If it wasn’t clear, the spam business is booming, with spam texts and calls up 58% and 32%, respectively, in 2021, per RoboKiller. Some other numbers:

  • In 2020, the FCC saw a 146% increase in text message complaints.
  • There are instances of people getting spammed into FaceTime group calls.
  • Some are getting spammed by their own phone numbers.

As a result, RoboKiller estimates Americans have been swindled out of  $10.1B by spam texts, and $30.3B by calls.

Is anyone… working on this?

Kinda. In 2021, the FCC worked with carriers to implement the STIR/SHAKEN technological framework — literally inspired by James Bond — to enhance caller ID authentication, but to mixed success. More recently, the FCC began focusing on robotexts.

Bonus: Here’s a funny clip about a comedian’s extremely detailed response to a spammer.

Get the 5-minute roundup you’ll actually read in your inbox​

Business and tech news in 5 minutes or less​


How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?