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Stock impact report

Meta to cut back on third-party vendors in favor of AI for content enforcement [CNBC]

Concentrix Corporation (CNXC) 
US:NYSE Investor Relations: ccrlp.investorroom.com
Company Research Source: CNBC
The announcement means Meta will begin to shift away from third-party vendors and contractors that have historically handled basic content moderation. It's Meta's latest effort to use its hefty investments in artificial intelligence to streamline its business and operations. In this article Arda Kucukkaya | Anadolu | Getty Images Meta is beginning a yearslong rollout of more advanced artificial intelligence systems that will handle content enforcement-related tasks like catching scams and removing illegal media, as the company reduces its use of third-party vendors and contractors in favor of AI. In a blog post Thursday, Meta said that the process could take a few years, and that the company won't completely rely on AI for monitoring content. “While we'll still have people who review content, these systems will be able to take on work that's better-suited to technology, like repetitive reviews of graphic content or areas where adversarial actors are constantly changing th Show less Read more
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