small businesses
Incidents Harmed By
Incident 6961 Report
Meta's AI Ad Platform Reportedly Causes Overspending and Poor Performance
2024-02-14
Meta's automated ad platform "Advantage Plus" caused advertisers to exceed their daily ad budgets. The cost per impressions (CPMs) surged far above the usual. This incident, which persisted into April, affected small businesses with overspending and lack of transparency.
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Scammers Using AI to Impersonate Small Businesses
2024-04-01
Scammers are using AI to impersonate small businesses by copying their videos, logos, and social media posts. They create fake listings and ads, diverting customers to cheap knockoffs or stealing their money. This has severely impacted businesses like Bee Cups, Darn Tough Vermont, and Cascade hummingbird feeders, leading to significant financial losses, negative reviews, and damaged reputations. Their deployment of AI makes it challenging for small businesses to combat these fraudulent activities.
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