AI Leap by Facebook Sparks Privacy Alarms

Nausheen Thusoo
February 7, 2024
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Meta

Highlights

  • According to a Bloomberg article, Meta intends to leverage Facebook and Instagram data to develop potent, all-purpose artificial intelligence.
  • If the development does happen, billions of consumers could have to pay a price in terms of their privacy and other things.

The incorporation of AI by big tech giants has been the latest development in the technology sector. Almost all big tech names have offered some or the other artificial intelligence model in their products.  Facebook is no surprise in the list. However, an opinion piece from Bloomberg suggests that Mark Zuckerberg’s AI integration might pose threats of data breach.

Facebook’s AI integration could be based on large consumer data

According to Meta Platforms Inc.’s most recent financial reports, Facebook is still becoming more and more popular among those for whom it serves as their primary internet source. According to a Bloomberg opinion piece, Mark Zuckerberg isn’t content to merely acknowledge this ongoing expansion. He intends to make the most of it by leveraging Facebook and Instagram data to develop potent, all-purpose artificial intelligence.

If the development does happen, billions of consumers could have to pay a price in terms of their privacy and other things.

The Bloomberg article also suggests that, with so much of the data coming from comment threads, Zuckerberg’s data pile is especially valuable if he wants to build a more potent chatbot. To train so-called conversational agents, any text that resembles human dialogue is essential. For this reason, OpenAI extensively mined the internet forum Reddit Inc. to create its well-known chatbot.

Read Also: Solana Block Production Resumes After 5-Hour Outage

Meta’s privacy breach incidents are not new to the market

Meta, earlier known as Facebook, has had data privacy issues for long. The firm has been battling various lawsuits over data breaches and illicit use of private information. According to reports, after it was revealed that a British research company had improperly obtained access to the personal information of at least 87 million Facebook users in the course of working on Trump’s campaign, consumers filed a lawsuit against Meta in 2018.

In July 2019, Facebook settled an inquiry into its privacy practices, which was partly sparked by the issue over Cambridge Analytica’s purported data harvesting, by paying a $5 billion fine to the US government.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.