In an effort to combat misinformation and sensationalism, Elon Musk has announced changes to X’s revenue share policy. According to a recent post by Musk, posts that are corrected by X’s community-driven fact-checking feature, Community Notes, will no longer be eligible for revenue share. Musk believes that this change will incentivize accuracy over sensationalism. He also stated that any attempts to manipulate or misuse the feature will be immediately noticeable due to the open-source nature of the data.
Community Questions and Concerns
Following this announcement, some X users and Crypto Twitter pundits raised questions about the new policy. One user asked whether notes added for context rather than correcting false information would also be affected. Bitcoin Archive pointed out that not all community notes are refutations or corrections; some simply provide additional context.
Differing Opinions
While some were critical of the change, others expressed support. Dogecoin co-creator Billy Markus urged people to pay attention to those who vehemently disagree with the new policy, suggesting that they are individuals who profit from spreading misinformation. However, X has not disclosed the number of accounts eligible for monetization or provided details about its 100,000 contributors in 44 countries.
Hot Take: Striking a Balance Between Accuracy and Sensationalism
Elon Musk’s decision to make corrected posts ineligible for revenue share on X aims to prioritize accuracy over sensationalism. By implementing this change, X hopes to discourage the spread of misinformation within its platform. However, concerns have been raised regarding whether certain types of notes should be exempted from this policy. It remains to be seen how effective this move will be in ensuring factual and reliable content on X.
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