On Monday, Elon Musk spoke with Israeli Prime Minister Benjamin Netanyahu via livestream about his ambitions for Twitter, now known as X.
Among other things, Musk claimed that in order to fight “vast armies of bots,” the social network is “moving to having a small monthly payment for use of the X system.”
The price of the new plan or the services that would or would not be included with the lowest payment tier were not disclosed by Musk.
Musk also shared some fresh data from X during the webcast, claiming that it now has 550 million “monthly users,” who produce 100 million to 200 million posts daily. Musk omitted saying how many of the company’s monthly users are real as opposed to automated bots.
Also, he did not compare measures that Twitter had previously utilized on an equal footing. Prior to Musk’s takeover, Twitter estimated “average monetizable daily active usage” of 229 million users in May 2022.
The conversation with Netanyahu was intended to center on the possible dangers of artificial intelligence technology and how regulation of AI might be appropriate.
Musk, however, also made use of it to refute the idea that his social media platform tolerates antisemitism and hate speech. Musk slashed a lot of people after purchasing Twitter for almost $44 billion in late October, and he made significant platform modifications as well.
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Changing the Landscape of X
As the company’s largest stakeholder, chief technological officer, and executive chairman, he continues to oversee it. He also serves as CEO of the automobile Tesla and the aerospace firm SpaceX.
He made several modifications, including granting previously terminated accounts “amnesty”; this action was harshly criticized by specialists in online safety and hate speech.
By his direction, the site unbanned former President Donald Trump, who had been suspended by Twitter for supporting the Capitol uprising on January 6, 2021.
Moreover, Rep. Marjorie Taylor Greene of Georgia and Andrew Anglin, the creator of the neo-Nazi website, had their personal Twitter accounts reinstated by Musk.
Also, Musk got rid of Twitter’s “blue check” authentication mechanism, which allowed users to recognize real accounts belonging to public people including celebrities, government officials, scientists, authors, business and educational leaders, journalists, and others.
Users of the social network who pay a charge can display a blue subscriber badge next to their names under the present setup.
Paying users have their posts appear first in other users’ feeds. Non-paying users may receive less amplification for their content or see reduced platform interaction.
Musk reiterated on Monday that he thought making users into paying subscribers would make deploying bots on the network difficult and expensive.
X is now working to get the necessary licenses to start sending money across the country. Public documents show that it already has authority to do so in 8 states.
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Source:CNBC
