Elon Musk Plans to Introduce Subscription Model to Combat Bots on X

Date:

Elon Musk’s Plans to Introduce Subscription Model on X to Combat Bots

Elon Musk, the visionary owner of X, has recently made waves in the social media sphere with his audacious proposal to implement a subscription-based model on the popular platform. In a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu, Musk revealed his plans to transition X from a free service to one that requires a nominal monthly fee. This strategic move aims to tackle the persistent issue of bots plaguing the platform.

Musk emphasized the need for such a change, explaining, It’s the only way I can think of to combat vast armies of bots. He further elaborated, stating, Because a bot costs a fraction of a penny – call it a tenth of a penny – but even if it has to pay… a few dollars or something, the effective cost of bots is very high. By introducing a subscription fee, Musk believes that it will deter bot creators by adding a significant barrier, thus discouraging mass production of these automated accounts.

While Musk did not disclose the exact cost of this new subscription payment, he referred to it as a small amount of money. This cryptic pricing strategy has generated speculation and anticipation among X users and observers.

During the conversation, Musk also shared intriguing statistics about X’s current user base. With an astounding 550 million monthly users, the platform generates between 100 to 200 million posts every day. However, one vital detail remains uncertain – whether these figures include automated accounts, encompassing both benign bots like news feeds and troublesome ones like spammers.

See also  Melita Invests €50m for 10 Gbps Internet Speeds, Revolutionizing Malta's Digital Future

Additionally, Musk’s reported numbers do not allow for a direct comparison with Twitter’s user base prior to his takeover. Twitter traditionally measured user engagement using a metric called the average monetizable daily active user (mDAU), which represents users who can generate revenue through ad views. In the first quarter of 2022, Twitter reported 229 million mDAUs, providing a benchmark for comparison.

Musk hinted at the possibility of introducing a subscription fee on X without providing a concrete timeline for the transition. Since assuming control of the platform, he has actively encouraged users to subscribe to X Premium (formerly known as Twitter Blue). This subscription service, priced at $8 per month or $84 per year, offers various enticing features such as the ability to edit posts, reduced ad exposure, priority in search and conversations, and longer posts, among others.

However, despite these incentives, X has not disclosed the number of paid subscribers it has attracted. Independent research suggests that X Premium has yet to captivate a majority of X’s user base, with only 827,615 users currently subscribing.

The notion of placing X behind a paywall is not entirely new to Musk. Platformer reported last year that Musk had been contemplating the idea of making all of X’s content accessible only through a paid subscription.

While Musk’s conversation with Netanyahu primarily revolved around AI technology and its regulation, the issue of hate speech on X couldn’t be overlooked. Musk reaffirmed his stance, stating, I’m against antisemitism and anything that promotes hate and conflict. This declaration comes against the backdrop of recent accusations of antisemitism directed at Musk and X, prompting him to threaten legal action against the Anti-Defamation League.

See also  UK Summit Tackles Threats from AI: Election Disruption, National Security, and Loss of Control

As the possibility of paying for X looms, X users and the broader digital community eagerly await further details on this transformative shift in the social media landscape. Elon Musk’s bold vision for X may usher in a new era, challenging the norms of free access to digital platforms, and offering a potential solution to the persistent issue of bots.

Frequently Asked Questions (FAQs) Related to the Above News

Why is Elon Musk introducing a subscription model on X?

Elon Musk aims to combat the issue of bots on the platform by implementing a subscription-based model. He believes that a nominal monthly fee will deter bot creators by adding a significant barrier and discouraging mass production of automated accounts.

How much will the subscription fee be?

The exact cost of the subscription fee has not been disclosed by Elon Musk. He referred to it as a small amount of money, generating speculation and anticipation among X users and observers.

How many users does X currently have?

According to Elon Musk, X has an astounding 550 million monthly users. However, it is unclear whether this figure includes automated accounts as well.

What is the comparison between X's user base and Twitter's prior to Musk's takeover?

Twitter reported 229 million average monetizable daily active users (mDAUs) in the first quarter of 2022. While Musk did not provide direct comparisons, it offers a benchmark for comparison with X's user base.

When will the transition to a subscription model take place?

Elon Musk did not provide a concrete timeline for the transition to a subscription model on X. It remains uncertain when this transformative shift will occur.

How many subscribers does X Premium (formerly Twitter Blue) have?

The number of paid subscribers for X Premium has not been disclosed. Independent research suggests that it has not yet captivated a majority of X's user base, with only 827,615 users currently subscribing.

Has Elon Musk considered placing all of X's content behind a paywall before?

Yes, Elon Musk had been contemplating the idea of making all of X's content accessible only through a paid subscription, as reported by Platformer last year.

What has Elon Musk's stance been on hate speech on X?

Elon Musk has reaffirmed his stance against hate speech, stating, I'm against antisemitism and anything that promotes hate and conflict. This declaration comes amidst accusations of antisemitism directed at Musk and X, leading him to threaten legal action against the Anti-Defamation League.

How will the introduction of a subscription model on X potentially transform the social media landscape?

Elon Musk's bold vision for X challenges the norms of free access to digital platforms and offers a potential solution to the persistent issue of bots. If successful, it may lead to a new era in the social media landscape, where a subscription model becomes more prevalent.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Bitfarms Appoints New CEO Amid Takeover Battle with Riot Platforms

Bitfarms appoints new CEO Ben Gagnon amid takeover battle with Riot Platforms, positioning for growth and innovation in Bitcoin mining.

Elon Musk Champions Brand Safety and Free Speech on X Amid Revenue Struggles

Discover how Elon Musk champions brand safety and free speech on X, addressing revenue struggles amid advertising controversies.

NY Times vs. OpenAI: Legal Battle Over AI’s Use of Articles Sparks Controversy

OpenAI challenges NY Times over originality of articles, sparking a controversial legal battle. Important questions on AI and copyright.

Apple Siri AI Upgrade Delayed: New Look and ChatGPT Integration Coming Soon

Stay updated on the latest news about Apple Siri AI upgrade delay with new chatGPT integration. Find out what's in store!