Friday, September 20, 2024

Elon Musk says posts busted by Neighborhood Notes received’t earn income share

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Posts corrected by X’s community-driven fact-checking function will likely be “ineligible for income share,” to stem the stream of misinformation and sensationalism, says Elon Musk.

In an Oct. 29 X submit, the chief chairman mentioned deceptive or inaccurate posts “corrected” by Neighborhood Notes — manned by X’s crowdsourced fact-checkers won’t be eligible for income share.

Musk mentioned the change would “maximize the motivation for accuracy over sensationalism” and claimed any tried weaponization of the function could be “instantly apparent” as the info is open supply.

With little info to go on, X customers and Crypto Twitter pundits questioned points of the change.

“Does that embrace notes which might be added for context [of] the person’s claims moderately than correcting false info?” one person requested. The crypto-focused account Bitcoin Archive mentioned some notes add additional context and never all are “refutations or corrections.”

Finance-focused X account “Not Jerome Powell” mentioned Neighborhood notes utilized to memes “in a humorous method” or notes offering context “ought to be excluded.”

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Others, nonetheless, had been supportive of the change. “Take note of those that vehemently disagree with this,” wrote Dogecoin (DOGE) co-creator Billy Markus “It’s fairly actually individuals who make some huge cash spreading misinformation.”

X hasn’t shared the variety of accounts eligible for monetization nor who makes up its 100,000 contributors in 44 nations, in keeping with an Oct. 26 submit from X CEO Linda Yaccarino.

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Extra reporting by Jesse Coghlan.