this post was submitted on 29 Apr 2024
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[–] jaschen@lemm.ee 12 points 6 months ago (1 children)

No tiktok is not focused on profit. It literally has one of the worst/non existent monetization systems.

[–] Dark_Arc@social.packetloss.gg 1 points 6 months ago* (last edited 6 months ago) (1 children)

Yup, vine ripoff with some tweaks and the same monetization issue

[–] jaschen@lemm.ee 2 points 6 months ago (2 children)

Case in point. Vine literally can't survive and so shouldn't TikTok. Unless of course it's getting propped up by a government with endless funds and not focused on profits.

[–] retrieval4558@mander.xyz 1 points 6 months ago (1 children)

Why are you so convinced that an advertising platform that a 1/3rd of the country is glued to is unsustainable. And that's ignoring the rest of the world, which is the majority of their user base.

[–] jaschen@lemm.ee 1 points 6 months ago

The same reason why twitter was NEVER profitable and it had more eyes glued to it. World presidents were using twitter for announcements. Never profitable.

[–] jorp@lemmy.world 0 points 6 months ago (1 children)

What's the connection between Uber and China, then? I thought it was somewhat common for tech companies to be unprofitable for very long periods of time backed only by capital, but it may be China. Has anyone looked into this? Does Xi know what I like to order on weekends? Why haven't we banned this yet

[–] jaschen@lemm.ee 1 points 6 months ago

I wouldn't consider Uber. This is closer to Vine vs TikTok. And we all know what happened to Vine.