Ban it. We're way too late in ditching the techno-utopian fantasy (was hard for me to shake it personally as well). We need the great firewall of America.
True or not, nothing underscores the unbelievable value of the data they're soaking up via tik tok more than them being willing to play this card. Normally they'd bring the hammer down but here they truly care enough not to rock the boat and risk losing one of the great data firehoses of all time.
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