Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share” to stem the flow of misinformation and sensationalism, said Elon Musk.
In an Oct. 29 X post, the executive chairman said misleading or inaccurate posts “corrected” by Community Notes — manned by X’s crowdsourced fact-checkers — will not be eligible for revenue share.
Musk said the change would “maximize the incentive for accuracy over sensationalism” and claimed any attempted weaponization of the feature would be “immediately obvious” as the data is open-source.
Making a slight change to creator monetization:
Any posts that are corrected by @CommunityNotes become ineligible for revenue share.
The idea is to maximize the incentive for accuracy over sensationalism.
— Elon Musk (@elonmusk) October 29, 2023
With little information to go on, X users and Crypto Twitter pundits questioned aspects of the change.
“Does that include notes that are added for context [of] the user’s claims rather than correcting false information?” one user asked. The crypto-focused account Bitcoin Archive said some notes add further context and that not all are “refutations or corrections.”
Not all community notes are refutations or corrections.
Some just add further context.
— Bitcoin Archive (@BTC_Archive) October 29, 2023
Finance-focused X account Not Jerome Powell said Community Notes applied to memes “in a funny way” or notes providing context “should be excluded.”
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Others, however, were supportive of the change. “Pay attention to those who vehemently disagree with this,” wrote Dogecoin co-creator Billy Markus, adding, “It’s quite literally people who make a lot of money spreading misinformation.”
X hasn’t shared the number of accounts eligible for monetization nor who makes up its 100,000 contributors in 44 countries, according to an Oct. 26 post from X CEO Linda Yaccarino.
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Additional reporting by Jesse Coghlan.
