TikTok- technology and status
16 Minutes on the News #41: Tiktok and ‘Seeing Like an Algorithm’ with Eugene Wei and Sonal Chokshi
Why the secret AI sauce behind TikTok is such a vital ingredient in luring potential buyers
ByteDance has long been a proponent of content recommendation systems, and uses it on other products, such as the popular news aggregator Jinri Toutiao
Scarcity Status versus Abundance Status (Gift Culture Part 3)
Two Truths and a Take, Season 2 Episode 30 Alex Danco
TikTok and the Sorting Hat
In the two sided entertainment network that is TikTok, the algorithm acts as a rapid, efficient market maker, connecting videos with the audiences they’re destined to delight. The algorithm allows this to happen without an explicit follower graph.
TikTok’s algorithm sorts its users into dozens and dozens of subcultures
I like to say that “when you gaze into TikTok, TikTok gazes into you.”
- https://www.eugenewei.com/blog/2019/2/19/status-as-a-service > What changed Twitter, for me, was the launch of Favstar and Favrd (both now defunct, ruthlessly murdered by Twitter), these global leaderboards that suddenly turned the service into a competition to compose the most globally popular tweets.
Amazon and Netflix both launched social efforts though they’ve largely been forgotten
People buying hundreds of thousands of followers on Twitter is one of the cleanest examples of trading financial capital for social capital.
You could easily replace Status as a Service with FOMO as a Service.
The Kids are Alright: An Interview with Eugene Wei and Julie Young (Gift Culture, Part 4)
While Instagram, Twitter and the other above-mentioned social networks are free to use, other companies have figured out a clever way to monetize their signal amplifiers
Software perfectly complements physical goods by distributing their signal messages at scale