Elon Musk says Twitter, now X, is moving to small monthly subscription

[Social Media]

 

Elon Musk discussed his plans for Twitter, now called X, on Monday during a livestreamed conversation with Israeli Prime Minister Benjamin Netanyahu. Among other things, Musk said the social network is “moving to having a small monthly payment for use of the X system” in order to combat “vast armies of bots.”

Musk did not say how much a new plan would cost users of the social network, or what other features would or would not be included with payment at the lowest tier.

 

During the livestream, Musk also divulged some new metrics from X, claiming it now has 550 million “monthly users,” who generate 100 million to 200 million posts per day there.

Musk did not disclose how many of the company’s monthly users are authentic, versus bots. He also did not make an apples-to-apples comparison to metrics previously used by Twitter. In May 2022, before Musk’s takeover, Twitter reported that it had “average monetizable daily active usage” of 229 million.

The discussion with Netanyahu on Monday was meant to focus on theoretical risks of artificial intelligence technology, and how AI should potentially be regulated. However, Musk also used it to dispute the perception that his social network is full of hate speech and antisemitism.

The meeting followed widespread criticism of Musk by civil rights groups in the West over his amplification of bigotry on his social network, including antisemitic accounts, content and conspiracies.

 

FULL STORY

[stoner]

hahahaha 

 

hashtag twitters suck. 

 

[jaywalker2]

It's actually true that Twitter has become much worse under Musk unless, I guess, you're all for freedom of hate speech.

[ozimoron]

He won't take it public, it would fail in a heart beat.

[Chivas]

Unfortunately I will need to subscribe whatever it costs

Too much work income comes effectively via twitter in a roundabout route

 

He'll probably pitch it around $15 I reckon

[Wobblybob]

I didn't like twitter before Musk took over, I like it even less now. 

[JayClay]

46 minutes ago, Chivas said:

Too much work income comes effectively via twitter in a roundabout route

It won't do for much longer if nobody else wants to pay the fee.

 

 

Edited September 19, 2023 by JayClay

[JayClay]

46 minutes ago, Chivas said:

He'll probably pitch it around $15 I reckon

If it's that much then you definitely won't continue to get work from it.

 

Even if it's $0.50 a month, he'll loose a huuuge amount of users. A big drop off at the start, and then slowly declining from there as the reverse-snowball effect comes into play.

 

Rightly or wrongly, people aren't prepared to pay for these kind of things.

 

A fee of $15 per month would expedite that provess significantly. The site would be a graveyard within a couple of weeks.

 

 

[Chivas]

2 hours ago, JayClay said:

If it's that much then you definitely won't continue to get work from it.

 

Even if it's $0.50 a month, he'll loose a huuuge amount of users. A big drop off at the start, and then slowly declining from there as the reverse-snowball effect comes into play.

 

Rightly or wrongly, people aren't prepared to pay for these kind of things.

 

A fee of $15 per month would expedite that provess significantly. The site would be a graveyard within a couple of weeks.

 

 

lol you clearly have no idea of the power of Twitter as regards financials

I can assure you that if it was even $100 a month all those I'm involved with would pay it 1000%

 

Nobody buy nobody would want to be on the outside.

[ozimoron]

1 minute ago, Chivas said:

lol you clearly have no idea of the power of Twitter as regards financials

I can assure you that if it was even $100 a month all those I'm involved with would pay it 1000%

 

Nobody buy nobody would want to be on the outside.

What percentage of people would be able to say they made more money from Twitter than it cost them? It's going to be very quiet on the inside.

[JayClay]

5 hours ago, Chivas said:

lol you clearly have no idea of the power of Twitter as regards financials

I can assure you that if it was even $100 a month all those I'm involved with would pay it 1000%

Unless you have an extremely odd business model, I assume that it relies on the reach Twitter has to it's users.

 

If there are no users, and there won't be any users at $15 per month (never mind $100), your business model then disappears.

[JayClay]

5 hours ago, ozimoron said:

What percentage of people would be able to say they made more money from Twitter than it cost them? It's going to be very quiet on the inside.

Exactly. Presumably @Chivas business is making money from selling, advertising or otherwise interacting with Twitter's userbase.

 

Sure, $15 a month may be low to get access to all those users. But those users wont be paying the $15 per month so they won't be there to have access to in the first place.

[sammieuk1]

You can stick your X where the sun don't shine ????

[ozimoron]

Elon Musk's X, formerly called Twitter, disabled a feature that let users report misinformation about elections, a research organisation said on Wednesday, throwing fresh concern about false claims spreading just before major U.S. and Australian votes.

 

After introducing a feature in 2022 for users to report a post they considered misleading about politics, X in the past week removed the "politics" category from its drop-down menu in every jurisdiction but the European Union, said the researcher Reset.Tech Australia.

 

https://www.reuters.com/technology/musks-x-disabled-feature-reporting-electoral-misinformation-researcher-2023-09-27/

[ozimoron]

 

[ozimoron]

A U.S. civil rights agency sued Tesla Inc (TSLA.O) on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California, assembly plant, in charges similar to cases brought by the state and by Tesla employees.

The U.S. Equal Employment Opportunity Commission (EEOC) said in the lawsuit filed in federal court in California that from 2015 to the present, Black workers at the Tesla plant have routinely been subjected to racist slurs and graffiti, including swastikas and nooses.

 

Tesla has failed to investigate complaints of racist conduct and has fired or otherwise retaliated against workers who reported harassment, the EEOC said in the lawsuit.

 

https://www.reuters.com/legal/tesla-sued-by-us-agency-over-alleged-harassment-black-factory-workers-2023-09-28/