Could the Purchase of Tik Tok (US) by Elon Musk Be a Deal Everyone Agrees To?

in #hive-1679224 days ago

Everyone is a too broader term, because I'm sure there are people and entities who would more or less strongly object to such a move.

What I meant by everyone was the Chinese government, Trump, Elon Musk, and ByteDance.

I think the happiest with such a deal, if it existed, would be Elon Musk, provided he could get his hands on the cash to buy the assets. Tik Tok could be another source of data for Grok, although they do need quality data for training, so maybe Tik Tok doesn't rank high in this regard. But there can be a cross pollination of user bases between Tik Tok and X. Tik Tok is also very profitable, unlike what Twitter was when he took it over. I'm not sure if this transaction would give him access to the feeding algorithm as well, which is how apparently Tik Tok got so successful.

Probably the Chinese government would give the ok to Elon Musk too, since he has massive businesses in China via Tesla and has every reason to play nice. Plus, he seems an admirer of oriental cultures (of work).

They might want something in exchange though, and they may be in the position to ask for it, since the hot potato seems to be in the Americans hands. If the American users didn't care so much about using Tik Tok - enough to start learning Chinese and go to a Chinese alternative if Tik Tok got banned 🤔 - the ball would have been in the US court. It's interesting to watch what forms free speech movements take. Still, everything in the siloed Web 2, rather than on a censorship resistant platform like Hive.

ByteDance, the parent company of Tik Tok, surely doesn't want to sell, because that's a lot of profit and potentially their secret algorithm they would have to share. But if the alternatives are sell or get banned in the US, they will sell if they have the go ahead from the Chinese government.

Trump surely wants to make the deal of having an American buy half of Tik Tok, and be the president who solved this without a ban. I think he'd rather have someone else buy it, not Elon Musk, or two people instead of one, so that Elon Musk doesn't have full control over the US-part of Tik Tok, particularly since he already has X. He even tested the water with Larry Ellison to see his reaction during the press conference.

But, on the same principle of not giving Elon Musk too much power, he selected two co-leads for the DOGE department, and Vivek Ramaswamy is now gone, and Elon Musk remained solely in charge.

If no one else comes up he can trust, he will probably give the ok to Elon Musk, if the deal is on the table. But right now everything is in the speculation realm.


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It is important because Elon Musk with X and part of Tik Tok will be an even greater force to consider in social media, future social finance, and AI. And all those developing without any relation to Web 3.

People continue to enjoy and even fight for the appearance of freedom instead of real freedom. It's true, real freedom also implies responsibility, and it is my opinion that it is that what most people want to delegate to others, along with the power it confers.

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I'm avoiding anything that Musk is involved in as I don't trust him. I wouldn't generally use Chinese services either. We must not get distracted by the latest shiny things.

I never tried out Tik Tok. My father did because of all the hype, lol, but I convinced him to uninstall it.

Musk is hard to read sometimes. I believe it is true he would do anything to get to Mars (himself) and build a colony there, and anything else he does is subservient to this dream of his. That may make him dangerous sometimes.

I've never used Tiktok (or Titkok as some news show displayed it).

When Musk acts like a fascist it's pretty easy to read. He can bugger off to Mars any time.

Yeah... I don't know what he was thinking with that salute. Some things are dangerous to even evoke.

Musk wants it for its political power, and that’s the main reason he shouldn’t get it but I’m sure UAE and Putin are ready to help him fund the purchase

Interesting! Why Putin? Maybe I've missed something, but it's hard to follow what he's been up to, anyway.

Hmm, this guy plays on all courts! I wonder what is his game after all?

This man has a lot of money and can buy anything in the world right now and we see that if Trump tells him to, he will buy it too.

He doesn't really have lots of cash, I presume. More like stocks in the companies he founded or purchased.

I personally do not want Elon to hold control of both Tiktok and Twitter. It sounds like he would control everything or have a monopoly over the entire short-form space if he did.

I wouldn't like that either. Too much power in one person's hands is dangerous. And he already has too much power, social media aside.

I think some of us don't want Elon to own TikTok too because it gives him more power and control that he can leverage for reasons that may not be in the best interests of its users or the general population. Arguably, TikTok has skewed the perception of reality for much of the younger generation, it can be a potent tool for mind control.

TikTok is probably a tool for mind control already. But I agree, Elon Musk is already too powerful and doesn't need another instrument to leverage for his own interests.