X, formerly known as Twitter has stated that posts that are corrected by Community Notes, the crowd-sourced fact-checking system, will become “ineligible for revenue share.”
“The idea is to maximize the incentive for accuracy over sensationalism,” Elon Musk posted on X,
Musk also noted that any attempts to “weaponize Community Notes to demonetize people will be immediately obvious, because all code and data is open source.”
Contribution is offering a brief contextual note to any post by adding a crucial detail that was left out or fixing a mistake.
The note or any other notes that are suggested can then be rated for helpfulness by other users with “different points of view.” The notes that rise to the top are the ones that garner the greatest consensus.
The most recent in a string of actions to improve accuracy on the platform is demonetizing users whose postings have been edited. This is especially important as X finds it difficult to keep up with the flood of false material around the Israel-Hamas conflict.
With financial incentives to participate in the reaction economy, artists have contributed sensationalist content; nevertheless, Sunday’s statement may slow this pace of dissemination.