Elon Musk Aims to Curb Misinformation on X Platform via Fact-Checking Measure
Summary:
Elon Musk has announced a measure to discourage the spread of misinformation on the X platform. He stated that any posts edited by the platform's fact-checking feature would not be eligible for revenue sharing, effectively aiming to increase the incentive for accuracy. While the plan has instigated some skepticism and doubts among users and crypto enthusiasts, it also gained support from some quarters, like Dogecoin co-creator, Billy Markus.
In an attempt to curb the circulation of incorrect and misleading content, Elon Musk has declared that posts which have been amended by the X platform's user-based fact-checking feature will be deemed non-eligible for revenue sharing. Musk detailed in a post on October 29th that X's crowdsourced fact-checkers could “correct” false or misleading posts, which would then prevent their creators from profiting off them. He indicated that this measure aims to prioritize genuineness over exaggeration, and assured that any misuse of the tool would be immediately apparent since the fact-checking data is open for anyone to see.
However, the plan has sparked questions and skepticism. With only a limited amount of information available, X users and critics from Crypto Twitter put forward their doubts. One user inquired if notes that provide additional context to posts, instead of correcting false data, would also be subject to this ruling. Similarly, Bitcoin Archive highlighted the fact that not all community notes aim to correct or refute information; some merely provide added context.
An X user named "Not Jerome Powell" argued that amusing applications of the community notes to memes, or notes that provide context, should not be included in this scheme. Yet, the move has garnered support too. Billy Markus, co-creator of Dogecoin (DOGE), stated that those opposing the change are likely to be individuals who profit by spreading misinformation.
However, X has not released any details about the number of accounts that qualify for earning money or who the 100,000 contributors from 44 countries are. This information was mentioned in a post from X CEO Linda Yaccarino dated October 26th.
Contributions by Jesse Coghlan were included in the report.
Published At
10/30/2023 6:26:13 AM
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