Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Nicholas Gordon

China's ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive

(Credit: CFOTO/Future Publishing/Getty Images)

Tiktok’s logo was all over the October Asia-Pacific Economic Cooperation summit in South Korea, perhaps the region’s most important diplomatic get-together. Videos touted the social media platform’s ability to elevate creators, while an exhibition booth played a constant stream of short videos. TikTok executives onstage highlighted the billions of dollars its platform generates in Asia and promised to build “a trusted digital ecosystem.” Delegates got a TikTok-branded baseball cap as part of their swag bag. TikTok creators, at a private lunch on the shores of Gyeongju’s Bomun Lake, praised the platform for bringing them to an audience of hundreds of millions. 

“I found my TikTok life when I became a single parent…I had to find ways to support my son,” Ryssi Avila, a Filipino singer who went viral on TikTok, told the assembled delegates. “TikTok made everything easier…It became a lifeline.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.