How to Avoid Fake Accounts on Instagram

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Instagram had 19 of 20 million accounts that were fake, which is just insane. Instagram allows this because they've got KPI's: how many users are we adding? What's the growth that we have? There's no incentive to cut it down. If you create an incentive, people will abuse the incentive. The only way to do it is to attach identity. You can't use it multiple times to keep multiple accounts. But in all years, when you put up friction, sometimes, I guess, they are exactly what it would be. This applies to all social networks. There's no interest in solving this problem.

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Today’s show:

Jason is joined by Vinny Lingham to break down IRL shutting down after faking 95% of users (1:12), ZIRP fraud (12:59), Databricks acquiring MosaicML for $1.3B, and some AI demos! (1:02:31)

Check out Waitroom: https://waitroom.com/

Follow Vinny: https://twitter.com/vinnylingham

Time stamps:

(0:00) Vinny joins Jason

(1:12) IRL's 19M fake users

(5:45) Twitter bots and the fake account problem

(11:50) Notion - Try it for free today at https://notion.com/twist

(12:59) Diligence in early-stage startups

(20:59) Databricks acquires MosaicML for $1.3B

(27:02) LinkedIn Jobs - Post your first job for free at ⁠https://linkedin.com/twist

(33:09) Testing Google’s new generative search

(37:47) Fin - Try Fin, Intercom's new AI customer support chatbot, at ⁠https://intercom.com/fin⁠