Twitter CEO Elon Musk has criticized “media elite” and stated that increased competition from citizen journalism will disrupt the “oligopoly on information” of the mainstream media.
On Friday, Musk took to Twitter and shared a few tweets that reflected his views on the current state of journalism.
In the first, he spoke about Twitter’s goal to improve citizen journalism, writing, “While Twitter pursues the goal of improving citizen journalism, the media elite will do everything they can to prevent that.”
He went on to say in a subsequent tweet that while mainstream media will still thrive, increased competition from citizens will make them more accurate as their oligopoly on information is disrupted.
In short, it seems that the tech entrepreneur wanted to imply that the mainstream media’s need to verify the accuracy of the information has increased as there has been a rise in citizen journalism due to social media platforms in recent years.
Meanwhile, since closing the Twitter deal, the richest man in the world has made a slew of decisions that affect the way Twitter works, which has millions of daily active users.
One of the biggest changes Twitter is seeing is the inclusion of the new $7.99 per month Blue plan. However, Musk’s decision to introduce the blue tick fee did not go down well with many. Even some advertisers withdrew their leg from the site.
Celebrities, including Whoopi Goldberg and Gigi Hadid, also quit Twitter in the days following the takeover.
(Except for the headline, this story has not been edited by NDTV staff and has been published from a syndicated feed.)
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