Elon Musk’s New Rule on Revenue Sharing: Community Notes Impact Explained

Estimated read time 2 min read

Overview of the Community Notes Policy Change

Elon Musk has stirred the pot once again with a new twist in the ever-evolving world of social media monetization. According to an announcement made on October 29, 2023, any posts that have been corrected by X’s Community Notes feature will no longer be eligible for revenue sharing. This move stems from a desire to curb the spread of misinformation and promote greater accuracy over sensationalism.

The Motivation Behind the Changes

Musk, always the provocateur, claims that the goal behind this policy shift is to create an environment where accuracy has the upper hand over clickbait headlines. In his own words, the change aims to “maximize the incentive for accuracy over sensationalism.” But let’s be real, how does one measure sensationalism anyway? Is there an EOS (Emotion Over Sensation) metric we’re not aware of?

The Community Take: Questions and Concerns

As news of the policy circulated through X, confusion reigned supreme. Users began firing off questions left and right. One user pondered whether the rule applied to notes that just add context rather than outright correcting false statements. Bitcoin Archive weighed in, stating that not all community notes serve the purpose of a correction, some merely provide that extra sprinkle of context. Does this mean our favorite memes could be safe? Isn’t context king?

The Meme Debate

The debate stretches even further into the realm of memes. Some finance-focused X users are arguing that Community Notes on memes or context-related notes should not disqualify the creator from revenue. The general consensus seems to be: if you’re not calling someone a liar, can’t we all just get along?

Supporters of the Initiative

Of course, not everyone is against Musk’s new rules. Figures like Dogecoin co-founder Billy Markus have rallied behind the initiative, urging users to pay attention to those who fight against the change. According to him, these dissenters are typically the ones profiting from the spread of misinformation. It’s a classic case of “who benefits?” and it looks like Musk has picked a side.

Application of the New Policy

Details about how this new policy will be implemented remain murky. X has yet to disclose the number of accounts eligible for monetization or the identities of the 100,000 contributors from 44 countries. Talk about keeping us in suspense! Will we see a

You May Also Like

More From Author

+ There are no comments

Add yours