ELON MUSK TO IMPOSE FEES ON NEW X USERS: WILL THIS COUNTER THE RISE OF BOTS AND SPAM?

Elon Musk is considering implementing a fee for new users to interact on X (formerly known as Twitter), citing it as the only way to combat fake and bot accounts. Last year, a trial in New Zealand and the Philippines required new users to pay a one-dollar-a-year subscription for key features. Musk suggests this approach may now be expanded. He argues that fake accounts and bots easily pass verification checks and contribute to spam content. Musk’s priority is to eliminate these accounts, although his changes, including staff cutbacks and a revamped verification system, have led to increased spam. This potential move towards charging users aligns with X’s efforts to diversify revenue streams amid declining advertising revenue.