Elon Musk's X will demonetize posts corrected by Community Notes to 'maximize incentive for accuracy'

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Elon Musk's X will demonetize posts corrected by Community Notes to 'maximize incentive for accuracy'
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The move comes amid fierce criticism of Musk for allowing users to spread unverified claims about the ongoing Israel-Hamas conflict.

Community Notes lets X users act as de facto fact-checkers for misleading posts that are deemed to contain misinformation or fail to provide accurate context.of what was then known as Twitter, he praised Community Notes, which in its earlier iteration was called Birdwatch, as having “incredible potential for improving information accuracy” on the platform.

The self-proclaimed “free speech absolutist” reinstated controversial accounts that were banned by the company’s previous management structure. Monthly ad revenue at X has declined at least 55% year-over-year each month since Musk bought the company in October 2022, according to third-party data provided to Reuters.The company has struggled to retain some advertisers since the takeover, as brands have been wary of rapid changes under Musk’s ownership.Last week, he rolled out two new subscription plans on Friday, including a Premium+ tier for users willing to pay for an ad-free experience.

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