Elon Musk eliminates monetization for X posts with community notes.
X, the platform formerly known as Twitter, to cut revenue sharing for corrected posts
X, the social media platform now called X, will no longer share revenue for posts that are corrected by Community Notes, according to owner Elon Musk. This move aims to prioritize accuracy over sensationalism and combat the spread of fake news.
The announcement has sparked a mixed response from users. While some applaud the decision as a step towards reducing misinformation, others express concerns about potential abuse of the correction process.
Community Notes, a feature within X’s Birdwatch, relies on crowd-sourced information to fact-check posts. These notes provide additional context and links to ensure transparency. X recently launched its ad revenue-sharing program.
“Making a slight change to creator monetization: Any posts that are corrected by Community Notes become ineligible for revenue share. The idea is to maximize the incentive for accuracy over sensationalism.” – Elon Musk
One popular account, “Mostly Peaceful Memes,” questions whether Community Notes could be weaponized to demonetize content. On the other hand, frequent X poster Ian Miles Cheong welcomes the decision, believing it will address intentional misinformation. However, he raises a valid point about posts like memes that rely on added context.
Another account, ”Comfortably Smug,” suggests redirecting the ad revenue to the user who posted the community note, as a way to incentivize accuracy.
Musk’s announcement comes amidst scrutiny of paid-for blue-check accounts spreading lies and misleading information, including during major events like the Israel-Hamas war. The European Union has even warned X about potential penalties for disinformation. Additionally, reports indicate a decline in monthly users and ad revenue on X.
Since Musk acquired Twitter and rebranded it as X, he has made several changes to the platform, including revamping its suspension policy and implementing a new verification process to combat bot accounts.
What measures is X implementing to combat misinformation after discontinuing the revenue-sharing program?
Are its revenue with users who correct misinformation in their posts. This decision comes as part of X’s ongoing effort to combat the spread of false information and promote a more reliable and trustworthy platform for its users.
Under the previous revenue-sharing program, X would allocate a portion of its advertising revenue to users who were able to identify and correct misinformation in their posts. This incentivized users to actively fact-check and contribute to the accuracy of the content shared on the platform. However, the program faced criticism and concerns regarding potential biases, fairness, and the overall effectiveness of the initiative.
Therefore, X has decided to terminate this revenue-sharing program and shift its focus towards more comprehensive measures to combat misinformation. Instead of relying solely on user correction, X intends to invest heavily in advanced algorithms and artificial intelligence to detect and flag false information on the platform. These technologies will be continuously upgraded to ensure the highest level of accuracy and efficiency in identifying misleading content.
By removing the revenue-sharing element and emphasizing algorithmic detection, X aims to reduce potential biases and create a more objective approach to tackling misinformation. This move also aligns with X’s commitment to prioritizing user safety and providing accurate information to its vast user base.
It is worth noting that while removing revenue sharing for corrected posts may disappoint some users, it is a strategic decision aimed at improving the overall quality and reliability of content on X. By investing in advanced technologies, X believes it will be able to detect and address a broader range of misinformation, offering users a more trustworthy and credible platform.
Furthermore, X acknowledges the responsibility it bears as a leading social media platform in today’s digital landscape. With its global reach and impact, X recognizes the importance of taking proactive steps to minimize the spread of false information and its potential consequences. The decision to harness the power of algorithms and AI reflects X’s commitment to staying at the forefront of technological advancements in order to combat misinformation effectively.
In conclusion, X has made the decision to discontinue revenue sharing for corrected posts and focus on leveraging advanced algorithms and AI technology to combat misinformation on its platform. This shift demonstrates X’s dedication to prioritizing accuracy, trustworthiness, and user safety. While this may disappoint some users who benefited from the previous program, it is a strategic move towards creating a more reliable and credible social media platform for X’s global user base.
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