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Elon Musk Suggests He Will Charge All X/Twitter Users a Fee to Be on the Platform (variety.com)

submitted 9 months ago by [email protected] to c/[email protected]

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I'm not sure if this is technically Technology news, but I can remove this post if it's in the wrong community

Archive link: http://archive.today/3XM6s

Musk brought up the idea of charging all users of X/Twitter during a wide-ranging conversation focused on AI that featured Israeli Prime Minister Benjamin Netanyahu on Monday. “[We’re] moving to a small monthly payment for use of the X system,” Musk told Netanyahu, claiming that it is the only way to eliminate the problem of bots, as reported by Bloomberg’s Dave Lee.

Musk didn’t mention timing of his plan to charge X/Twitter users, nor did he say how much it would cost.

Musk, who also is CEO of Tesla and SpaceX, has said X/Twitter ad sales have plunged 50% since he bought the company. “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load,” Musk posted on July 15.

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[–] [email protected] 6 points 9 months ago (1 children)

Ok, I loathe the man, hate the shit show he's made TwitX, think he's a clown, generally hate billionaires, etc. But this is kinda a really stupid comment.

[–] [email protected] 1 points 9 months ago

No, see, it's like an inverted pyramid, and the little our overlords permit us of the product of our labor trickles down to them, you see.