Ofcom released a report this week showing that more than half of UK adults have encountered potentially fraudulent ads online. The response from tech giants was swift and predictable: they announced new AI-powered detection systems that will absolutely, definitely, 100 percent stop scammers. This time for real.

The irony is so thick you could spread it on toast. These platforms have spent two decades perfecting the art of microtargeting ads to exploit human psychology, and now they’re shocked—shocked!—that scammers figured out how to use the exact same tools. Meta’s algorithm can identify that you’re anxious about retirement savings and serve you a fake cryptocurrency scheme, but detecting that scheme as fraudulent? Somehow that’s the hard part.

What’s actually happening is this: tech companies are deploying AI to catch scam ads after the fact, which means the scam has already been served to your grandmother three times. They’re not preventing fraud. They’re just getting faster at removing evidence after the crime. It’s like hiring a security guard who arrives after the robbery to take notes.

The real kicker is that these platforms profit from the uncertainty. A legitimate ad and a scam ad look identical in the ad network’s spreadsheet—both generate clicks, both generate revenue. The difference only matters to regulators. So when Ofcom demands action, the response is theater: press releases about commitment, statements about safety, and AI systems that are just sophisticated enough to look like they’re solving the problem.

Ofcom’s proposals will likely result in compliance checkboxes, not actual change. Tech giants will hire more moderators, deploy more AI, and continue operating the most efficient scam-delivery infrastructure ever built—now with auditable logs.