Tesla, Inc. TSLA chairman Elon Musk addressed a variety of issues at the opening session of the ONS conference recently held in Stavanger, Norway.
What happened: When asked about trust, the billionaire replied that people want to know that the information they receive is true and representative of the bigger picture. They want to believe what they read and not feel like it’s overly biased, or at least understand the nature of the bias, he added.
“One of the most important things to trust is transparency,” he said.
If there is a social media company, people should be able to know what the algorithm is to open source the algorithm so they can view and critique it, the tech entrepreneur said. When changes are made by people on this social media platform, they should be clear and, in turn, transparent, he added.
He said he believes in the free flow of ideas and generally sidetracks speak freely within the limits of the law.
See also: Elon Musk, Bill Gates or Mark Zuckerberg for Labor Day weekend hangout – over 40% choose…
Why it matters: Musk is involved in a lawsuit Twitter, Inc. TWTR initiated by the latter after the billionaire backed out of a deal to take the social media platform private.
Before disclosing a passive stake in Twitter and his interest in buying the social media giant, Musk first asked his followers if that was the case Twitter’s algorithm should be open source. The result of the poll was overwhelmingly in favor of an open-source algorithm.
The bone of contention between Twitter and Musk is the discrepancy in the number of bot accounts disclosed by the company.
Price promotion: Tesla closed Friday’s session down 2.51% at $270.21 Benzinga Pro data.
