CLAIM: President Ferdinand “Bongbong” Marcos Jr. partnered with Tesla CEO Elon Musk to launch Trade Vector AI algorithm in the Philippines.
RATING: ALTERED
A fake “Inquirer News PH” page posted an altered video of President Ferdinand Marcos Jr. supposedly endorsing an artificially intelligent trading tool “Trade Vector AI” on Facebook, reaching 3,000 reactions and 2.7 million views as of writing.
Upon checking, PressOnePH discovered that at least eight other pages are impersonating Inquirer.net, a legitimate news organization.
According to the video, Marcos Jr. is allegedly partnering with Tesla CEO Elon Musk to launch a government investment initiative, offering 100 Filipinos to test Trade Vector AI for stock trading by investing P16,000 to receive a windfall of P79,200 per day.
The original video used in the false claim was from a media interview with the president, conducted after the launch of a new Tesla dealership in Bonifacio Global City, Taguig, on Jan. 20. The audio was replaced with an artificially generated sound mimicking Marcos Jr.’s voice.
In addition, there is no evidence of Trade Vector AI being related to Musk’s businesses.
And while the Marcos administration initiated government-led investments, like the Maharlika Wealth Fund, there are no reports online of its involvement in Trade Vector AI or any trading tool. Marc Nathaniel Servo
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