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Photo: Lionel Bonaventure/AFP via Getty Images

Twitter on Monday announced a new feature, called Birdwatch, aimed at combating misinformation and disinformation with a "community-driven approach" that allows users to add context to tweets they believe are misleading.

How it works: The new feature, which is being piloted in the U.S., "allows people to identify information in tweets they believe is misleading and write notes that provide informative context," Twitter's vice president for product Keith Coleman wrote in a blog post.

  • The pilot is available in a separate section of Twitter to a small group of users who apply for the program.
  • "Eventually we aim to make notes visible directly on Tweets for the global Twitter audience, when there is consensus from a broad and diverse set of contributors,” Coleman wrote.

The big picture: It's the latest move by Twitter to grapple with misinformation and disinformation on its platform.

  • It's also an acknowledgment that Twitter needs help with monitoring content and that a possible solution lies in the "wisdom of the crowds," writes Axios' Ina Fried.
  • But there's also a risk of such systems being abused to target legitimate commentary from a minority view.

What they're saying: "We believe this approach has the potential to respond quickly when misleading information spreads, adding context that people trust and find valuable," Coleman wrote.

Go deeper

App rush: Talent over trash

Data: Knight First Amendment Institute at Columbia University. Chart: Michelle McGhee/Axios

Amid the sea of pollution on social media, another class of apps is soaring in popularity: The creators are paid, putting a premium on talent instead of just noise.

The big picture: Creator-economy platforms like Patreon, Substack and OnlyFans are built around content makers who are paid. It's a contrast to platforms like Facebook that are mostly powered by everyday users’ unpaid posts and interactions.

Chauvin trial leaves cities, activists across America on edge

Illustration: Brendan Lynch/Axios

The impact of the Derek Chauvin trial is reverberating far beyond the walls of the downtown Minneapolis courtroom.

The state of play: With the trial set to enter its third week, activists across America are watching the proceedings unfold with heavy skepticism that what they perceive as justice will be served.

Felix Salmon, author of Capital
2 hours ago - Economy & Business

The dispiriting housing boom

Illustration: Sarah Grillo/Axios

It's a discouraging scene: Bidding wars, soaring prices, and fears that homeownership is becoming out of reach for millions of Americans. We're in a housing frenzy, driven by a massive shortage of inventory — and no one seems to be happy about it.

Why it matters: Not all bubbles burst. Real estate, in particular, tends to rise in value much more easily than it falls. Besides, says National Association of Realtors chief economist Lawrence Yun, this "is not a bubble. It is simply lack of supply."

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