Elon Musks X (Twitter) Will Start Charging For Access
Podcast: Elon Musk PodcastPublished On: Wed Sep 20 2023
Description: Welcome to the Elon Musk Podcast. In today's episode, we explore a topic that has sparked wide-ranging conversations across social media and tech circles: the notion of implementing a subscription fee for accessing social media platforms, specifically a network previously known as Twitter, now labeled as X. Elon Musk, the owner of X, dropped this bombshell during a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu. Amid declining ad revenues and increasing scrutiny from civil rights groups, could a paywall be the game-changing maneuver to win back advertiser trust and deal with the growing menace of bots? So, here's the backdrop. During a discussion predominantly centered around AI and its regulation, Prime Minister Netanyahu brought up the issue of managing hate speech amplified by bots on social media. In response, Musk offered a solution: charge a small monthly fee for using X. According to him, doing so would significantly raise the bar for bots to create accounts. Each bot would require a new payment method, making it cost-prohibitive for bot operators.
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