Meta’s new ad system tackles housing discrimination allegations
Meta has now introduced its new Variance Reduction System (VRS), ensuring a more equitable distribution of advertisements on its platforms. The conglomerate has initiated this step as it has been facing various allegations in this regard. Read Facebook, YouTube remove content backing Brazil attack The company was believed to be excluding certain groups from its marketing campaigns. As a result, it faced a lawsuit by the Department of Housing and Urban Development (HUD) in 2019. We’ve worked with the DOJ over the past year to develop new Technology that helps distribute ads in a more equitable way on our apps. We’re launching this in the US first for housing ads, and we’ll expand it later to employment and credit ads.https://t.co/scF6mc8gQG — Meta Newsroom (@MetaNewsroom) January 9, 2023 Through the new system , Meta will be able to get data on the age, gender, race or ethnicity of its viewers. The data will be then compared with those who are eligi...