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But TikTok is not in the business of giving away giant teddy bears. TikTok, for all that its origins are in the quasi-capitalist Chinese economy, is just another paperclip-maximizing artificial colony organism that treats human beings as inconvenient gut flora. TikTok is only going to funnel free attention to the people it wants to entrap until they are entrapped, then it will withdraw that attention and begin to monetize it.
The ‘Enshittification’ of TikTok
wired.com
Stepping back, though, these are all interesting issues, but this thing is still $3,500 and nine months away. We know today that the iPhone worked, but Apple still had to change the business model, expand distribution and build a lot more product. Sales didn’t really take off for five years and the launch was pretty soft. (Going back to my comparison with the original Macintosh, Apple sold less than a million of those in the first three years after launch.)
Vision Pro — Benedict Evans
ben-evans.com
There also seems to be little “balance” of “growth and profitability” at Okta; it appears to be growth at all costs, and growth with mismanaged costs, given that expenses like G&A should be decreasing with growth in revenues, but are instead moving in the opposite direction.
Okta’s Execution Mess
memosbyhh.com
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