• x00z@lemmy.world
    link
    fedilink
    English
    arrow-up
    18
    ·
    16 hours ago

    TikTok’s valuation remains contested, with estimates varying from US$20 billion ($31.8 billion) to more than US$300 billion, depending on whether its algorithm is factored in.

    The algorithm increases the price by more than $280 billion. And what kind of algorithm? One that changes its high based on how you interact with it, to always try and get your dopamine flowing to keep you interacting longer. If it were a real substance, it would be the most addictive drug to ever exist.

  • doug@lemmy.today
    link
    fedilink
    English
    arrow-up
    82
    arrow-down
    2
    ·
    edit-2
    23 hours ago

    Cool, another app I won’t download and will look sideways at whoever does.

    If I see its userbase consists of gen z and younger I will be very disappointed.

    • OneOrTheOtherDontAskMe@lemmy.world
      link
      fedilink
      English
      arrow-up
      17
      ·
      16 hours ago

      Loops…kind of sucks. I get the point of it, but I tried using it like 15 minutes a day for a couple weeks to get used to it, but the features are lacking and the content is…well it’s filled with people who would abandon tiktok and other apps, so, it’s kind of boring.

      Not in a ‘there’s no brainrot’ way, in a ‘this is the third video in a row of just random AI slop and then it’s just some dude filming a tree for 20 seconds’.

      • redsand@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        6
        ·
        16 hours ago

        Bootstrapping is definitely going to be an issue. There was news they are supposed to have federation working and released tomorrow. Right now there’s not even a client in the play store so I haven’t bothered with it.

    • 🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 @pawb.social
      link
      fedilink
      English
      arrow-up
      4
      ·
      edit-2
      16 hours ago

      People bitch about the algorithm but it’s actually pretty nice having things you’re more likely to enjoy come to you than having to try and hunt them down with nothing but a very poor search function.

      I want it to recommend me shit I would probably enjoy; I just don’t want it to recommend me shit in an attempt to brainwash me with their agenda. Barring that, get a better search function. Utilize tags and categories. Allow users to tag others’ videos because you can’t expect the uploader to think of every possible connection it could have.

      I want to like Loops, but it’s 90% random nature shots that don’t need to be videos and finding anything else is a PITA.

  • Ebby@lemmy.ssba.com
    link
    fedilink
    English
    arrow-up
    31
    arrow-down
    3
    ·
    edit-2
    23 hours ago

    Wasn’t the whole thing about China scooping up loads of data?

    So give a copy of that data to one of the worlds largest advertiser/online markets and license behavioural data from the “baddies”. Yeah, that’ll fix everything.

    Everybody loses.