Comment by jmyeet
18 hours ago
First, I still don't think the ban will actually happen. The current administration will punt the issue to the next and Trump has already signaled he wants to save Tiktok, whatever that means. That might be by anointing a buyer that he personally is an investor in. Tiktok may choose to still shutter in the US rather than being forcibly sold.
But there's a biger issue than loss of American content should this come to pass: the loss os American ad revenue for the platform and creators. A lot of people create content aimed at Americans because an American audience is lucrative for ad revenue. If that goes away, what does that do to the financial viability of the platform?
> Trump has already signaled he wants to save Tiktok
Trump can blame Biden and move on.
> If that goes away, what does that do to the financial viability of the platform?
Bytedance makes most of its money from Douyin.
He has a major donor that owns part of TikTok. He'll save it for corrupt reasons, ignore the real concerns about it, then move on.
> He has a major donor that owns part of TikTok
He has a major donor who owns part of Bytedance. They’re not losing their investment with this ban.
4 replies →
More like Trump can use it as a bargaining chip with China.
A worrying angle is that Elon is essentially subservient to the CCP because of Tesla’s presence in China. Remember when Tesla signed a pledge to uphold socialism at the behest of the CCP a couple years back? It’s also why Elon - who claims to uphold free speech, capitalism, democratic values, etc - will NEVER say anything negative about China. If Trump is close to Elon, and Elon is easily influenced/controlled by the CCP, it really undermines the independence of US leadership. I am concerned this next administration will be soft on China in all the wrong ways, including not enforcing a ban that has been legally instituted and upheld unanimously by SCOTUS.