What percent of the global economy is scams? Sure, the investment manager charging 1% a year to put all of your retirement savings in ETFs that also charge 1-1.5% a year funneling money in to companies being raided by executives and employees isn't a scam scam, but it is a massive mis-allocation of resources and probably more damaging than some dumb item purchased from a Meta ad that never showed up. Same for recently legalized (in the US) sports betting.
The startling thing is AI is being applied at scale to make this crap more pervasive. 10% scams? Meta would like advertisers to use their generative AI tools to create image and video ads of non-existent products.
Best thing we can do is delete all phone apps and only access online media from behind firewalls that block all ads and tracking. Windows is dead. Apple is transitioning to an adtech company. Linux is the only option.