Is TikTok Taking over Amazon? Are We Doomed?
Friends That Invest
00:00
TikTok Is Taking Over YouTube
TikTok is a social media app that has taken over YouTube, Facebook and Google. Founder Zhang Yimou founded the company four years ago in China. He used AI to create an algorithm where he would see what people were doing then show them on TikTok. The site's revenue last year was at 4 billion; this year they're probably going to reach 12 billion. In 2024, possibly 23 billion from all of its advertising.
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