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It is not about appearing weak, it is about a trade deficit . TikTok can make money off Americans with little effort but Facebook and Google have to make entire
by CobsterLock 6y ago
It is not about appearing weak, it is about a trade deficit . TikTok can make money off Americans with little effort but Facebook and Google have to make entirely new apps to get entry to the Chinese market (I can't remember if they still have live apps or if they are banned right now)
- akhilcacharya 6y agoSounds like a defense of protectionism to me.
- gruez 6y agoAre you suggesting that if one of our trading partners engages in protectionist measures (tariffs, dumping, subsidies, etc.) that we shouldn't retaliate?
- Dirlewanger 6y agoSeriously. I'm baffled at the number of people that don't give a crap and that we should just do nothing. I hate to pick sides and perpetuate the "us vs. them" mentality, but the geopolitics of today are increasingly pushing toward it. We're on the verge of a new Cold War with China whether we like it or not. But instead of hoarding ICBMs, it's tech companies and the technologies surrounding them.
- akhilcacharya 6y agoTikTok is not an ICBM.
- akhilcacharya 6y agoFor commodities like steel, yes. For TikTok? Seriously?
- gruez 6y agocare to explain why?
- trasz 6y agoWhich is probably the main reason China banned Facebook and Google in the first place (apart from security concerns).
- dirtyid 6y agoTikTok is literally a new global app for Douyin. It's not about trade deficits, it is about waning exceptionalism of silicon valley. They finally learned to debundle US culture with US tech. Something TikTok has been very agile on, making regional adaptations and complying to regional laws. Hubris is what kep facebook and google from returning to Chinese market 10 years ago.
- AzzieElbab 6y agoPretty easy to “debundle” when you just block access. If I lived in China I would take tiktok over any Silicon Valley app, and if I was looking for maximum network effects I would also use tiktok because potential market is 1.4 billion people larger