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Elon Musk says X will charge users ‘a small monthly payment’ to use its service

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X proprietor Elon Musk at the moment floated the concept the social community previously referred to as Twitter could now not be a free website. In a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu on Monday, Musk mentioned the corporate was “transferring to a small month-to-month cost” for using the X system. He recommended that such a change could be essential to take care of the issue of bots on the platform.

“It’s the solely method I can suppose of to fight huge armies of bots,” defined Musk.As a result of a bot prices a fraction of a penny — name it a tenth of a penny — but even if it has to pay…a few {dollars} or one thing, the efficient value of bots is very excessive,” he mentioned. Plus, each time a bot creator needed to make one other bot, they would want one other new cost technique.

Musk didn’t say what the brand new subscription cost would value, however described it as a “small sum of money.”

Throughout the dialog, Musk additionally shared new metrics for X, noting the location has now 550 million month-to-month customers, who generate 100 to 200 million posts on daily basis. Nevertheless, it wasn’t clear if Musk is counting automated accounts — that’s, both good bots like information feeds or unhealthy bots like spammers — amongst these numbers.

This determine additionally didn’t enable for a direct comparability with Twitter’s person base pre-Musk, which was calculated utilizing a particular metric Twitter had invented referred to as the “common monetizable each day energetic person,” or mDAU. This older metric indicated the customers on Twitter who could possibly be monetized by viewing its advertisements. Throughout its final public earnings of Q1 2022 Twitter had 229 million mDAUs.

Musk didn’t broaden on his plan to cost for X or when such a change would come about. However since Musk took over the platform final yr, the corporate has been pushing its customers to subscribe to its paid subscription product, X Premium (beforehand Twitter Blue). This $8 per thirty days or $84 per yr subscription service provides a wide range of options like the power to edit posts, half the advert load, prioritized rankings in search and conversations, the power to put in writing longer posts, and extra.

X doesn’t disclose what number of paid subscribers it has, however impartial analysis signifies X Premium hasn’t attracted a majority of X customers. One evaluation determined only 827,615 users at the moment subscribe to X Premium, for instance.

The concept of charging everybody for X isn’t a brand new thought for Musk. Platformer final yr reported that Musk was weighing the idea of placing all of Twitter behind a paywall, actually.

The bigger dialog between Musk and Netanyahu at the moment centered on AI expertise and its regulation, although the subject of hate speech on X got here up. Right here, Musk claimed he’s “in opposition to antisemitism” and “something that promotes hate and battle.” In fact, Musk’s newest spat noticed him threatening to file a defamation lawsuit in opposition to the Anti-Defamation League, which has accused each Musk and X of being antisemitic.



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