X to stop paying creators for posts corrected by fact-checkers, says Elon Musk

Elon Musk, owner and chief executive officer of X (formerly known as Twitter), says users who share fake contents or lies will not get paid for such posts.

In a post shared via the platform on Sunday, the billionaire businessman said posts that are being corrected by Community Notes, a fact-checking arm of X, will not be monetised.

Community Notes, created under Jack Dorsey, former Twitter CEO in 2021, aims to simply debunk misleading tweets.

“Making a slight change to creator monetisation: Any posts that are corrected by Community Notes become ineligible for revenue share. The idea is to maximise the incentive for accuracy over sensationalism,” Musk wrote.

“Worth ‘noting’ that any attempts to weaponise Community Notes to demonetise people will be immediately obvious, because all code and data is open source.”

Making a slight change to creator monetization:

Any posts that are corrected by @CommunityNotes become ineligible for revenue share.

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The idea is to maximize the incentive for accuracy over sensationalism.

— Elon Musk (@elonmusk) October 29, 2023

The development to check contents shared on the platform via Community Notes forms part of efforts by the US-based microblogging and social networking platform to stem the spread of fake news and combat misinformation.

Earlier this year, Musk announced that revenue from adverts will be shared with content creators on the platform.

The X owner said the revenue will be shared only with creators whose posts receive adverts in their reply threads.

However, in a later post, the billionaire noted that only the content creators who are subscribers to Twitter blue verified check mark will benefit from the gesture.

Twitter Blue represents account holders who pay an $8 monthly subscription.