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Beyond what the article says, something that is very hard to quantify is whether the promise of fame on TikTok causes its users to spend more than they otherwise would, even in excess of the income they actually receive from either TikTok or its effect on the promotion of their ventures. Recessions may well have been triggered by less.
Staying away from the politics, anybody who has a business model completely dependent upon a single service’s algorithm should question what kind of business they have.
I think the TikTook ban is stupid, but assigning TT this kind of importance in a generally fickle space is dumb.
Staying away from the politics, anybody who has a business model completely dependent upon a single service’s algorithm should question what kind of business they have.
Correct in theory, false in practice. Case in point : google adwords / adsense. It’s been close to 20 years and counting, and lots of the online ad economy is still relying almost exclusively on it.
If we are not careful, millions of people will have to resort to obtaining employment. Luckily we'll still have Twitch, Kick, playing the meme stock market, and gambling for them to fall back on. Also illegal drug sales may taper off for a while but they'll find snap to be quite cozy again.
I’m always amazed at how many accounts openly sell drugs, I report them, meta says they are ok.
TikTok has also “weaponized” their users to spam senators and house reps [1]
[1] https://www.theverge.com/2024/3/7/24093308/tiktok-congress-b...
TikTok is a scummy business
Note this is from March 2023. https://archive.is/SoSw9 Beyond what the article says, something that is very hard to quantify is whether the promise of fame on TikTok causes its users to spend more than they otherwise would, even in excess of the income they actually receive from either TikTok or its effect on the promotion of their ventures. Recessions may well have been triggered by less.
The promise of fame is not exceptional. The type of person who on an implicit promise makes decisions that are damaging to their own lives possibly have a larger problem then the exact ownership specifics of one single media company.
> Recessions may well have been triggered by less.
What percentage of the working age population is actually using social media in this unhealthy way? Is there a better solution that doesn't involve outright taking decisions away from everyone else?