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Musk’s X Introduces Feature to Protect User Data from AI Chatbot

by Team Lumida
July 27, 2024
in AI
Reading Time: 3 mins read
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Musk’s X Introduces Feature to Protect User Data from AI Chatbot

"Twitter new X logo" by Elon Musk is licensed under CC BY-SA 4.0

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Key Takeaways:

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1. X users can now block their data from training Musk’s AI chatbot.
2. Settings default to data sharing, but users can opt-out via web and soon mobile.
3. Private accounts prevent data ingestion by Grok, Musk’s AI chatbot.

What Happened?

Elon Musk’s X now offers users the option to prevent their posts and interactions from being used to train the AI chatbot Grok. By default, the settings allow data sharing with Grok, but users can opt-out.

This new feature is currently available on the web platform and will soon be on mobile. X also mentioned that making accounts private will stop data ingestion by the chatbot. Grok, launched last November, competes with OpenAI’s ChatGPT and leverages data from X to provide real-time news summaries and answers.

Why It Matters?

This change signifies a shift towards greater user control over data privacy on social media platforms. For investors, this move could enhance user trust and engagement on X, potentially increasing user retention and attracting privacy-conscious individuals.

Additionally, it reflects Musk’s commitment to transparency and user autonomy, which could positively impact the platform’s reputation and user base growth. With data privacy becoming a significant concern globally, X’s initiative could set a precedent for other platforms.

What’s Next?

Investors should monitor how this feature impacts user engagement and data usage patterns on X. If more users opt out, Grok’s training data might be limited, affecting its performance and competitive edge against rivals like ChatGPT.

Furthermore, pay attention to the rollout of this feature on mobile platforms and any subsequent user feedback. The broader implications on data privacy policies across social media platforms will be crucial, as regulatory landscapes evolve and user expectations heighten.

Source: Bloomberg
Tags: ELON MUSK
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Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018