Live Trading News
Shayne Heffernan

Facebook to Increase Censorship

By Shayne Heffernan2 min read

Facebook on Monday highlighted a ramped up effort to block fake accounts in an ongoing battle against misinformation ahead of a key hearing in Congress scrutinizing online platforms.

The leading online social network disabled more than 1.3 billion fake accounts in the final three months of last year along, according to Facebook vice president of integrity Guy Rosen.

"We have every motivation to keep misinformation off of our apps and we''e taken many steps to do so at the expense of user growth and engagement," Rosen said in a blog post.

Facebook chief Mark Zuckerberg, along with the top executives of Google and Twitter, are set to testify remotely Thursday at a hearing on disinformation being held by a congressional committee.

Fake accounts are often used to spread deceptive information, sometimes working together in what the social network refers to as coordinated inauthentic behavior (CIB),

"We take a hard line against this activity and block millions of fake accounts each day, most of them at the time of creation," Rose said.

"We also investigate and take down covert foreign and domestic influence operations that rely on fake accounts."

Facebook has removed more than 100 networks of inauthentic behavior during the past three years, according to Rosen.

The social network reported that it has more than 35,000 people devoted to thwarting such abuses at Facebook, which also uses artificial intelligence to detect fraud or spam.

Automated systems at Facebook have taken down more than 12 million pieces of misinformation about Covid-19 or vaccines since the start of the pandemic began, according to the social network.

Facebook also provides dedicated hubs for vetted information topics such as climate change and Covid-19.

"Despite all of these efforts, there are some who believe that we have a financial interest in turning a blind eye to misinformation," Rosen said.

"The opposite is true. "

Critics accuse Facebook of doing too little to stop misinformation at the platform, and of even promoting its spread because such attention-getting material ramps up engagement that the social network can monetize with ads.

Keep reading
AI slop

AI is the Neat Handwriting of the Illiterate

A model in the hands of someone who has read the filing and walked the plant is a clerk. The same model, speaking for someone who has done neither, is a disguise. On AI slop, phantom citations and factslop, why finish stopped being evidence of work, and the containment layer KXCO built so a machine cannot speak as the institution until a source is attached.

Shayne Heffernan19 min
worthship

Worthship: Do Not Conform to the Age

Worthship is the older English word for worship, and it means to ascribe worth. Bishop Robert Barron preached Romans 12 on 30 August. This essay follows the text into the prison letters, and puts two questions to a graph: do the four readings of that Sunday agree, and was Paul free or in chains when he wrote about despair?

Shayne Heffernan17 min
truth

The Truth in All Its Ugliness Must Survive

A majority vote does not determine the truth. Consensus is a mood, gossip is a sport, and a model will write the pretty version for free. Why the ugly number has to survive, why a record beats a dashboard, and what KXCO was built to keep standing when the room changes its mind.

Shayne Heffernan8 min
Shayne Heffernan

Don't Be the Best, Be the Only: Winning in an AI World

AI is repricing competence downward. What it cannot reproduce is a life. The case for remaining non-fungible, why friction still produces the best ideas, and what it means to build AI systems that keep the human intellect in them.

Shayne Heffernan18 min
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.