Welcome back for this week’s Twitter roundup. Here’s the main highlights of the past week!
MONETIZATION BY CONTENT CREATORS IS A MAJOR PRIORITY
Elon Musk cares about content creators on Twitter and has now shared that a major priority is to allow content creators to monetize their work on Twitter in order to make a living and prosper. On March 6 he tweeted,
“It is a major priority to enable monetization by content creators! People need to make a living and prosper from their work. We need to make it possible to upload the content in the first place. That’s getting there.” Elon Musk
COMMUNITY NOTES. CONTEXT ON TWEETS, BY THE PEOPLE, FOR THE PEOPLE
When a journalist acknowledged that his tweet was dishonest but refused to fix it, Community Notes did it for him. To understand the Community Note concept, Twitter released a video on March 9 explaining it and several days later invited people to sign up to join.
Here’s a breakdown of the video explaining Community Notes, Context on Tweets, by the people, for the people:
“How does Community Notes avoid one-sided bias? Pile-ins? Brigading? Manipulation? abuse? Community Notes are rated by contributors of multiple perspectives, and only notes that are widely found helpful are shown on Tweets. So one group alone can’t determine what notes get shown. And pile-ons aren’t effective. This helps ensure that notes are effective to a wide range of people. To make it clear how all of this works, Community Notes’ algorithm is open-source and all data is public.”
Twitter warmly invited everyone to sign up to become a Community Notes contributor
https://twitter.com/CommunityNotes/status/1635491237439602691?s=20 Twitter also allows anyone to see the code on GitHub: twitter.github.io/communitynotes
Community Notes can serve to add context to advertising, even increasing financial literacy, as in this note for an ad by QuickenCompare.
When the ad stated “Don’t borrow from the bank. Borrow from yourself,” Community Notes stepped in to add context, “Home Equity Lines of Credit do not allow someone to borrow from ‘themselves’ rather than a bank. The money is loaned from a bank, with home equity as collateral for a loan.”
TWITTER BLUE GOING GLOBAL
Twitter Blue is now available in at least 50 countries, making people happy in the United States, UK, Canada, Australia, New Zealand, Japan, Brazil, Indonesia, India, Saudi Arabia, France, Germany, Spain, Italy, Portugal, Netherlands, Poland, Ireland, Belgium, Sweden, Romania, Czech Republic, Finland, Denmark, Greece, Austria, Hungary, Bulgaria, Lithuania, Slovakia, Latvia, Slovenia, Estonia, Croatia, Luxembourg, Malta, Cyprus, Turkey, Pakistan, Mexico, Thailand, Philippines, South Africa, Argentina, South Korea, Egypt, Nigeria and Malaysia.
TWITTER FILES EXPOSED THE CENSORSHIP INDUSTRIAL COMPLEX
One Twitter user, Jim Hall, commented on the Twitter files when Matt Taibbi or Michael Shellenberger (who helped release the files) appeared before congress, saying “I don’t know about you all but I’m glad Matthew Taibbi and Elon Musk took up the challenge of sharing this data. Those who stick their heads in the ground and say the Twitter Files are a nothing burger are oblivious and seem to wish to stay that way. The New York Times has not written one word about the Matt Taibbi or Michael Shellenberger hearing at which Democrat members of congress impugned their integrity and tried to intimidate Taibbi into revealing his sources.”
Matthew Taibbi made an opening statement on the Twitter Files to members of congress about the censorship industrial complex: “Twitter, Facebook, Google, and other companies developed a formal system for taking in moderation requests from every corner of government, from the FBI, DHS, HHS, DOD, the Global Engagement Center at State, even the CIA. For every government agency scanning Twitter, there were perhaps twenty quasi-private entities doing the same thing.”
COST TO ACCESS TWITTER’S API
On March 10, Twitter’s Developer Platform began to offer Enterprise Packages in small, medium and large. Shown is the benefits of a small package, costing only $42,000 a month. For the other packages, click here.
TWITTER MAY BECOME THE BIGGEST FINANCIAL INSTITUTION IN THE WORLD
Elon Musk also spoke at the Morgan Stanley TMT 2023 conference in San Francisco on March 7, about Twitter becoming a financial institution, and one day it could be a viable alternative to banks, Venmo, Paypal, etc. You may read the entire talk here, “Elon Musk’s Talk at Morgan Stanley TMT 2023 on Twitter, X.com, Tesla and Starship.”
“You want to be able to send money easily on Twitter to another account with one click, & also earn interest on the money. I think it’s possible for Twitter to become the biggest financial institution in the world” Elon Musk
CONCLUSION
Twitter and its initiatives are truly inspiring. With Community Notes, we are given the opportunity to add context and shift the course of discussion or contribute to tweets in a way that is thoughtful and respectful. It’s great that Twitter Blue is extending its reach internationally making it available in 50 countries and soon plans to promote monetization for content creators. At the end of the day it’s our responsibility to help ensure safe and civil participation regardless if it’s on or offline. Let’s do this by being informed users of this platform and making sure we create an inclusive space that encourages honest contribution without fear of personal attack or manipulation. Use Twitter more often. Use Community Notes. Work collectively so we can all benefit from it!
Do you love reading about the history of Twitter? See more here…
Twitter Update: Elon Musk talks on the ‘All-In Podcast’ reveals details about Twitter 2.0. and more Elon Musk talked on the all-in podcast and had some important information to share! (Davis Sacks, Jason Calacanis, Chamath Palihapitiya and David A. Friedberg all asked Elon Musk questions). I share 12 main points with you in this article.
What Elon Musk had to say about Twitter at World Government Summit 2023, a transcript Elon Musk spoke about Twitter at the world conference on February 14, 2023 and here is a transcript of that conversation. My goal/mission in this blog post is to preserve the important and visionary words of Elon Musk. Enjoy!
Gail Alfar, author. Exclusive to What’s Up Twitter – March 14, 2023. All Rights Reserved. My goal as an author is to support Twitter 2.0 and Elon Musk in both making lives better on earth for humans and becoming a space-fairing civilization.
whatsuptwitter.com 