Facebook commits tons of resources to content review, but investors have moved on 

Facebook has thrown tons of money at the problem of content policing after recent criticism, but reports indicate that investors and users are already over it.

May 16, 2018

To extinguish the data-driven dumpster fire it ignited, Facebook hired 10k content moderators and approved a budget of over $770m for their “community integrity team,” sources told The Wall Street Journal.

But as the ’Book pulls security initiatives out of its sleeve, a transparency report suggests the content problem is growing — while Facebook’s earnings suggests people are already over it.

Move fast and… fix things??

After weathering the barrage of twitter criticism following the Cambridge Analytica storm, captain Zuckerberg has focused on rebuilding the tech titan’s tarnished reputation.

So far, Facebook’s overhauled its news feed, removed 200+ apps, deleted 583m fake accounts, and created programs to help Facebook fiends (especially young ones) understand how much data they’re giving up.

The truth hurts… but only for a second

Zuck is learning that even a hoodie-wearing army with unlimited funding can’t engineer a quick fix for this problem: Despite the company’s massive efforts to combat them, hate speech and offensive content were on the rise, the report shows.

Facebook AI sniffed out almost 100% of the spam posted on its platform (which was up 15% from the previous quarter), but detected less than 38% of hate speech (which increased 56%) before it got to users.

But, lucky for Zuck, this didn’t impact the bottom line that much after all — Facebook gained back all of the $134B it lost in value, and the number of monthly active users increased by 13% to 2.2B.

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