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Over the last few months, many have proposed that the AI spam taking over Facebook is a great example of the “Dead Internet Theory,” which posits that large portions of the internet are made up of bots talking to bots, filtered through the lens of recommendation and engagement algorithms. Facebook is undeniably cook...

In any scam, any con, any hustle, the big winners are the people who supply the scammers — not the scammers themselves. The kids selling dope on the corner are making less than minimum wage, while the respectable crime-bosses who own the labs clean up. Desperate “retail investors” who buy shitcoins from Superbowl ad...