Tuesday, August 2, 2022

Faking It

 

To fake it is to stand guard over emptiness.

— Arthur Herzog

Fraudsters know it's easy to make a fast buck from a phony "news" website.

To prove how easy it is, journalist Megan Graham conducted an experiment a couple of years ago.

She built her own website and filled it with stories she stole from CNBC.

"Within days, I had the ability to monetize my site with legitimate advertisers," she reported. 

"It was shockingly easy."

Graham's success was no doubt due to advertisers' shoddy ad-buying systems, which funnel ad money through third parties.

Those companies take their fees off the top and buy ads with the money left over.

But in their haste to earn fees, the companies lose track of where that money is spent.

"Half a brand’s digital marketing spend is absorbed by middlemen," Graham says. "It’s impossible for advertisers to know exactly where their money is going."

But suckering advertisers and their agents isn't the real crime here. (It's perfectly legal to create a website filled with gobbledygook.)

Plagiarism is.

To sustain the illusion that they're legitimate publishers, fraudsters rip off stories from legitimate publishers like The New York Times, The Wall Street Journal, and The Washington Post.  

Fraudsters can even automate plagiarism by using website plug-ins known as "scrapers," which swipe articles from legitimate publishers hourly.

To cover their crime, before posting the stolen stories, the more artful fraudsters run them through a paraphrasing app.

These apps thinly disguise the plagiarism—but only thinly.

They also provide inadvertent chuckles.

Consider, for example, how one fraudster mangled parts of a story about a Congressional hearing on stock-trading:


Some legislators called for more transparency. Rep. Nydia Velázquez asked about the lack of requirements for hedge funds to disclose short positions.


Some legislators necessitated additional transparency. Rep. Nydia old master asked regarding the shortage of needs for hedge funds to disclose short positions.

In this case, the fraudster simply published the paraphrasing app's results verbatim:
  • Called for more was replaced by necessitated additional
     
  • Velázquez was replaced by old master

  • Asked about the lack of requirements was replaced by asked regarding the shortage of needs
How do the fraudsters get away with this?

As Graham showed, they count on advertisers' inability to detect original from plagiarized stories.

"It’s easy to make money from advertisers just by setting up a web page," she said, "That means there’s significant incentive to create sites filled with outright plagiarized content."

But fraudsters also count on visitors' shabby reading habits.

As studies have shown, digital readers are evincing ever-greater degrees of "cognitive impatience," robbing them of the ability to "deep-read."

To put it succinctly, digital readers lack discernment: we'll accept any crap that's dished out, no matter the source or the quality.

In a real sense, we're complicit in the fraudsters' crime.
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