The US House of Representatives agreed to reauthorize a controversial spying law known as Section 702 of the Foreign Intelligence Surveillance Act last Friday without any meaningful reforms, dashing hopes that Congress might finally put a stop to intelligence agencies’ warrantless surveillance of Americans’ emails, text messages and phone calls.
The vote not only reauthorized the act, though; it also vastly expanded the surveillance law enforcement can conduct. In a move that Senator Ron Wyden condemned as “terrifying”, the House also doubled down on a surveillance authority that has been used against American protesters, journalists and political donors in a chilling assault on free speech.
I'm wondering is if the driving interest is to ensure American companies own most of the social media that Americans use because they don't want to lose the means to surveil large portions of the population. They very much act like there's a threat to state power, and this is the only angle that makes sense.
The alternative is that the state is now dominated by racist boomers that actually believe the red scare propaganda their predecessors made up.
Nobody has ever explained to me why any person in the US should care about a government with no jurisdiction over them might conduct surveillance on them. The government that worries me is the one that has power over me. Maybe I’m stupid, though.
One reason could be because that other government may not be bound to rules regarding surveillance on people who are not citizens of their country, thus can't be held accountable, and then that government could share that information with anyone they want including that government where the person is a citizen.
But then I'm just describing Five Eyes and US surveillance again anyway.
I can see TikTok calling their bluff and then Gen Z just using VPNs to get around it so now all the ad dollars flow exclusively to Chinese companies instead of American ones
TikTok has 150 million active monthly users in the United States.
I'm guessing that 1.7 billion number is prolly off due to bots and defunct accounts, but still, you don't sell your platform for 10% of your market lmao. I'm not sure if the US thought they would honestly back down just because they're America, if they wanted to ban it because they honestly think it's spying on Americans, or what exactly the play here was, but the obvious one (force them to sell to Americans) was laughably stupid and unlikely to happen for obvious reasons.
tbh that 10% of the market probably contributes about ~30-40% of the revenue
Western users typical contribute >10x more revenue than all other users for adtech platforms, and just ~20-30% of users will contribute to 90% of the revenue (my source is my employers' internal analytics dashboard)
Here is Google's (note that rest of world includes all other developed countries too like Canada, Europe, Oceania, East Asia)
I've always found it darkly comical that United States government policymakers, masters of the art of soft power in the first cold war, is now staffed with people who can't conceive why anyone would use soft power and always leaped to military options. They can't imagine the government of China continuing economic soft-power control over Taiwan for long-term reintegration purposes. Because US policymakers would never do such a thing themselves.
Yanis Varoufakis was recently saying some interesting stuff about TikTok. Basically TikTok is a way for a Chinese company to generate data capital in a way that cant be taxed or restricted in ports, and that drives US capital crazy.
He also connected it with the Huawei ban- basically the US is terrified of China's free universal digital banking, because it could threaten to unseat the dollar as the international trade currency.
There are a couple of points to consider the biggest one being that Americans as a user base are but a fraction of the global base,less than 10% iirc, and one of the hardest to monetize. Outside of financial considerations it's worth more to keep tiktok just for the global soft power it exerts on the other parts of the world and to send a message as well.