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TikTok Is Destroying Itself From the Inside Out (gizmodo.com)

submitted 9 months ago by ooli@lemmy.world to c/technology@lemmy.world

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[–] Minotaur@lemm.ee 1 points 9 months ago (1 children)

Definitely. I think a lot of it is just that other websites like… already took the time to figure it out. Sites like google, YouTube, Facebook, they all had to take 10+ years to figure out how to effectively monetize. Tiktok doesn’t need to really “wait” because it can just copy off their papers

[–] Krauerking@lemy.lol 2 points 9 months ago

That's actually a really fair point. Why would you wait to do what is working for other sites when the goal is to waste as little investor money as possible?

COVID means the money is available, the path is pretty much discovered. So they took the moment and ran with it. Hm.