Facebook to Release Details of Russian-Purchased Ads

The transcript discusses the controversy surrounding Facebook's handling of Russian advertisements, highlighting the pressure from Congress for more transparency. It explores Facebook's immense power and influence, noting that despite the issues, investors remain unfazed. The company is attempting to address the problem by reducing automation and increasing human oversight, but faces challenges due to its business model's reliance on automation.

What was the main concern of Congress regarding Facebook's Russian ads?

• The timing of the ads

• The cost of the ads

• The number of ads purchased

• The content of the ads

Why do investors seem unconcerned about Facebook's controversies?

• They don't believe it will impact Facebook's business

• They think the controversies are temporary

• They are unaware of the controversies

• They believe the controversies will boost Facebook's popularity

What is one reason people are anxious about Facebook's power?

• It is more powerful than any media entity ever

• It is not profitable

• It is losing market value

• It has a small user base

What change has Facebook made to address the issue of Russian ads?

• Increased automation

• Reduced ad prices

• Banned all political ads

• Introduced more human curation

What challenge does Facebook face in curating ads?

• Its business model is based on automation

• Lack of technology

• Insufficient user data

• High costs