Elon Musk has said that X, the organization previously known as Twitter, is thinking of charging all users to access the website. The owner of X said that putting up a fee would keep away the automated accounts that are known as bots. The CEO of Tesla and the world’s richest man stated that X might start charging its user base while speaking in a meeting with Benjamin Netanyahu, the prime minister of Israel, which was live streamed. In an effort to fight the platform’s ongoing bot and false account problems, Musk intimated that a monthly subscription scheme would become the standard for all X users.
When the new X subscription plans will go into effect is still unknown. According to the information Elon Musk shared with Netanyahu during their conversation, X has 550 million monthly users who publish up to 100 to 200 million posts per day. If and when X becomes a subscription-only service, that number will unquestionably drop as consumers flock to substitutes. He also discussed that for a long time, Musk has been interested in finding a solution to the bot issue on X, and he was continuously looking for methods to make money off of it and encourage people to choose the X premium service.
Also added is that if X charges even a small amount of money to every user on the social media platform, the overall sum of money that is needed for each person and organization to run a significant number of bots on X would be too costly to sustain. Also, users who want to pay the charge can do it using one of the different payment mechanisms. This would be a great solution as each account on X would require a new payment method, which in turn would make it hard for people or organizations to make payments for them. Users who don’t want to use the paid version of X can shift their interest to alternatives to X, such as BlueSky and Threads.
Elon Musk added, Because a bot costs a fraction of a penny—cal it a tenth of a penny—bu even if a bot maker has to pay a few dollars, the effective cost of bots is very high.”
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