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>>>Facebook says it spent more than $5 billion on safety measures in 2021 Considering the size of the platform ~$130B/year; $5B per year spent on platform safe
by mmmBacon 5y ago
>>>Facebook says it spent more than $5 billion on safety measures in 2021
Considering the size of the platform ~$130B/year; $5B per year spent on platform safety, while substantial, seems low as a percentage of revenue.
- missedthecue 5y agoIt probably doesn't scale linearly with revenue.
- blululu 5y agoThat’s much more than I would have expected. ~3.5% is a significant operating expense. Not sure why it should be higher. Most companies don’t spend that much on R&D for example (tech companies are exceptional in this regard).
- neves 5y agoIt looks like a low value for a content company. The terrible track record of FB in this regard clearly indicates that they aren't investing enough.
- mmmBacon 5y agoI’d argue it’s sufficient I if the problem of moderating content was a non-issue. However the article points out the problematic nature of the way content moderation currently works. Given that content moderation is core to their business, I’d expect the percentage spend to be >5%. By comparison they spend about 2x on Oculus.