Cuban: Facebook knowingly runs AI deepfake scam ads; docs say $16B fraud revenue
Mark Cuban said on the Pivot podcast that Facebook knowingly runs AI deepfake ads using his face and voice to sell a $294 diabetes 'cure' he never sold. Internal Meta documents reported by Reuters in November 2025 estimate about $16 billion — roughly 10% of Meta's 2024 revenue — came from ads promoting scams and banned products, and that about a third of successful scams in the US were linked to Meta's platforms. Meta disputes the estimate as 'rough and overly-inclusive' and says scam-ad complaints fell 58% over 18 months. The case matters because it puts a concrete, very large revenue figure on AI-enabled fraud at scale on a major platform, and on the tension between ad revenue and enforcement.
SOURCES
- Hacker News (AI)2026-11-05 23:09