TikTok Takeover!

Hello? Hello? Hello? Hello? Hello? May 28, 2024 [WEBSITE]( | [UNSUBSCRIBE]( One billionaire wants to buy TikTok and set it free. His name is not Elon Musk. TikTok Takeover! CHRIS CAMPBELL Dear Reader, Stop me if you’ve heard this one: A guy goes golfing. He promises his girlfriend he’ll be done at four. Four o’clock rolls around and the girlfriend is still waiting. Girlfriend makes a TikTok video waiting for him to come home. Meanwhile, another girl, Elie, is scrolling through TikTok. Elie sees the video and looks at the comments. “OMG look at these comments!” she tells her boyfriend “They are roasting this guy!” Boyfriend goes on TikTok from his own phone and checks the comments. “What do you mean?” he asks. “They are roasting the girl!” It’s the strangest thing: When Elie checked the comments, the top comments were berating the guy. BUT when her boyfriend checked the comments on his phone, the top comments were berating the girl. Of course, this could be a case of over-personalization. If Elie and her boyfriend have different viewing habits, the algo might show them top comments based on what they find most engaging. Whether it’s being done intentionally or not, it doesn’t matter. People are being “trained” for polarization. Before you misunderstand me: This story has nothing to do with why the US is banning TikTok. [The "X" Chip]( This AI microchip is so powerful…. It’s powering NVIDIA’s success… And the future of AI itself… Which will send the current Wealth Window into OVERDRIVE… Positioning one stock for a 10,000% run in the coming years. [Watch this video for the full details.]( Biden’s TikTok Ban TikTok, with its staggering user base of over 150 million Americans -- and nearly 1.85 billion users worldwide -- has already been under intense scrutiny from the US government due to national security concerns and alleged ties to the Chinese government. One month ago, Joe Biden signed into law a bill that would ban TikTok. UNLESS its parent company ByteDance found a U.S.-based buyer. This is reminiscent of the much-maligned attempt by the Trump administration to ban TikTok, which was blocked by federal judges. This happened on the heels of three key events: → In December 2022, ByteDance admitted its employees obtained private data from two American reporters. → John F. Plumb, principal cyber advisor to the secretary of defense, said that TikTok is a cybersecurity risk to the US. → Under Chinese law, ByteDance is forced to allow the CCP to acquire controlling stake in its company, and provide any information it wants. Obviously, the sharks started rushing in. Several high-profile individuals and companies have expressed interest… The race is on. The Silver Lining The increased scrutiny on TikTok's data practices and the potential for misuse could lead to a broader conversation about data privacy -- especially as it relates to social media and AI. As AI becomes more integrated into social media platforms like TikTok, ensuring that these systems are transparent, unbiased, and respect user privacy will be crucial. If ByteDance is forced to sell TikTok to a US-based company, there may be an opportunity for the new owners to implement more responsible practices. Ideally, this would include: → Ensuring the AI algorithms are not biased or designed to promote polarization and conflict. → Providing users with greater control over their data and how it is used by the AI systems. → Establishing clear guidelines and oversight to prevent the misuse of user data for surveillance or manipulation. Wishful thinking? Perhaps not. One billionaire is making BIG moves to make this happen. (No, it’s not Elon Musk.) More on that -- and the crypto that could benefit -- tomorrow. Quick Note: TikTok ban. AI regulation. Doesn’t matter. The investment theme today is simple: AI is going to win no matter what. Recently, James identified a “picks and shovels” AI play that could go bonkers in the coming weeks. Notice: this interview goes offline TONIGHT at midnight. If you haven’t already seen it… [Click here for the full episode.]( Until next time, Chris Campbell For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. [Urgent Notice About Your Access]( We just announced a massive new change to Altucher’s Investment Network, and as one of our loyal readers, we want to make sure you know what’s going on. [Click here]( to secure your access now. You Might be Interested in... 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