Unraveling the TikTok Paradox: Western Concerns, Economic Implications, and Prospects
DOI:
https://doi.org/10.54097/hbem.v20i.13015Keywords:
Economics; Internet; TikTok; Market competition; US-China.Abstract
This paper discusses various aspects of TikTok's influence and the potential consequences of a TikTok ban. It highlights Western concerns, including data privacy and security concerns, influence on political discourse, and content moderation and child safety. It also explores the economic implications of TikTok, such as revenue generation and monetization opportunities, advertising industry transformations, market competition, and geopolitical tensions. Additionally, it examines the possible consequences of a TikTok ban, including its impact on businesses, creators, and employment. The paper concludes by discussing potential solutions to the TikTok ban and speculating on the short-term and long-term prospects of TikTok.
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