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Isn't this comment quite reductive?

There are many reasons why there are two separate apps and not necessarily related to how addictive the algorithm is. The "source" you linked gives one such reason:

> Like other social media services in China, Douyin follows the censorship rules of the Chinese Communist Party. It conscientiously removes video pertaining to topics deemed sensitive or inflammatory by the party, although it has proved a little harder than text-based social media to control.

Also have you used Douyin? It's really feels like basically the same thing.

Personally I inject probes into my brain to measure the exact dopamine response every time I need to make a new purchase

...idk I think people just like premium phones, it's not that deep

I think humans have a natural instinct to share what they find cool / interesting.

Before this was mostly done through in person communicate, now this is primarily done through smart phones.

You realize that it will only be replaced with something MORE addicting? People won't exactly start reading newspapers when Tik Tok dies..

Define learn.

Equity data usually represents a big part of compensation and is basically impossible to value objectively as there are too many factors at play.

> Yes, because YouTube is changing their stance between when a large part of the data was uploaded and now.

This is untrue. As there was significantly less users on Youtube early on, it's highly likely that most of their total content consists of recently uploaded videos. This becomes more and more true as time goes on.

> YouTube is practically holding an incredible amount of knowledge and information hostage to feed Google’s insatiable desire for profits.

Free storage of data uploaded by willing users = hosting the data hostage?

Huh?! You can sell your car, or take a loan against it. You can convert US dollars into your local currency.

Your individual data is worthless. Data is only worth something in aggregate.

TikTok absolutely is a competitor. I'm not sure why it has to host long form content for it to be considered a competitor.

If more people get their video entertainment from TikTok, then they watch YouTube less.

Most blatantly, YouTube literally launched shorts recently - an exact TikTok competitor clone.

TikTok.

Also - just because it doesn't have the content that you, personally, watch, does not make it not a competitor.

> A huge amount of videos on YouTube are created for their own sake, with no expectation of going viral or making money off them.

It's estimated that there are 1 billion YouTube videos, compared to 600k videos hosted by PeerTube. Thats a 4 order of magnitude difference. Saying that PeerTube can "fill this role" is an outrageous assumption about scaling.

tradeoff is harder access to liquidity -- would banks be willing to give as much credit without credibility?