Facebook stock drops more than 20% after revenue forecast misses

Re:Facebook stock drops more than 20% after revenue forecast... by ggg9990 on Wednesday July 25, 2018 @07:26PM (#17613847)

A lot of their security/policy work is hiring tons of humans to fix things. For example they are hiring an additional 10,000 content moderators. That will obviously impact profitability.

[ Parent | on HN ]

Re:Facebook stock drops more than 20% after revenue forecast... by coliveira on Wednesday July 25, 2018 @10:21PM (#17614635)

Just like Google, they are learning that AI is not up to the task of dealing with humans that try to game the system by all means possible.

[ Parent | on HN ]

Re:Facebook stock drops more than 20% after revenue forecast... by halflings on Thursday July 26, 2018 @12:14AM (#17615011)

I don't think neither companies ever denied that AI won't get 100% of the cases, they just say that you can't moderate billions of posts with human moderation alone, you need AI to take care of the 99%, and humans for ambiguous cases.

[ Parent | on HN ]

Re:Facebook stock drops more than 20% after revenue forecast... by narrator on Wednesday July 25, 2018 @10:37PM (#17614684)

China has a huge staff of these people too. I think at last count they had 20,000 people employed doing content moderation for the country.

[ Parent | on HN ]

Re:Facebook stock drops more than 20% after revenue forecast... by ggg9990 on Wednesday July 25, 2018 @11:41PM (#17614910)

I would think it is much more than 20,000 in a country of 1 billion people with such tight content controls.

[ Parent | on HN ]