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The Active Voice: Ted Gioia takes the long view

The Active Voice

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Is TikTok a Positive or a Negative Force in Culture?

A lot of musicians are going viral on TikTok and record labels have decided in the last couple of years that they're going to use TikTok to find new artists. The idea is that TikTok will turn them into stars and then it will just step in and sweep up the cash. But my belief is TikTok is peaked. And I swear, we've reached this point in the cycle where markets get saturated faster than before. It's hard to do something distinctive because Instagram started imitating it and Facebook and everybody is imitating it.

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