Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Laptop Mag is shutting down

    July 1, 2025

    How to Make AI Faster and Smarter—With a Little Help From Physics

    July 1, 2025

    Xiaomi’s YU7 Is an SUV-Sized Middle Finger to Tesla’s Model Y

    July 1, 2025
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » TikTok’s Creator Economy Stares Into the Abyss
    Business

    TikTok’s Creator Economy Stares Into the Abyss

    News RoomBy News RoomApril 25, 20243 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    The US Senate passed a bill late Tuesday that allows the government to ban TikTok within a year if it doesn’t make meaningful progress toward separating from its China-based owner, ByteDance. President Joe Biden said in a statement after the vote that he would sign it into law on Wednesday.

    The version of TikTok impacted by the legislation is not the same platform that then-president Donald Trump first tried to abolish back in 2020, citing national security concerns about its links to China. TikTok, its user base, and the ecosystem of creators making a living from the platform have grown, transformed, and matured since then. And the potential consequences of the app disappearing have become more significant.

    TikTok’s US user base is much older than it was a few years ago, there are more alternative places to post short-form videos, and many longtime influencers say they feel jaded after having spent so long trying to fight the app’s critics in Washington. But the number of Americans who are financially dependent on TikTok has also grown, including a new class of creators with smaller followings who make a living from ecommerce-focused videos.

    Speaking hours before the Senate passed the bill targeting TikTok late on Tuesday, creators and others who work in the influencer industry told WIRED its approval would threaten the income of at least tens of thousands of people in the US and leave them feeling outraged.

    “This is my livelihood, this is how I am going to feed my child, this is how many people are feeding their children,” a Pennsylvania-based TikTok creator named Aubrey who posts under the handle Makeupfresh said. Aubrey, who asked to use only her first name for privacy reasons, said she and other creators she knows are planning to vote against lawmakers who backed the TikTok ban in the general election this November.

    James Nord, founder of the influencer marketing platform Fohr, said that TikTok disappearing would be an “extinction-level event” for many creators. “Most of them do not have sustainable followings on other platforms,” he said. “And they’re not going to be able to migrate their following to Instagram.”

    Tuesday’s vote was teed up by House lawmakers over the weekend, when they overwhelmingly approved a $95 billion foreign aid package that also includes the measures addressing TikTok. The bill provides funding for Ukraine, Israel, and Taiwan, and was fast-tracked after Iran’s retaliatory attack against Israel last week. It passed the Senate on Tuesday with bipartisan support, 79 to 18, but is likely to face significant legal challenges—including from TikTok, according to reporting from The Information.

    TikTok did not respond to a request for comment. In a statement to Reuters on Saturday, the company accused elected officials of “using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans.”

    Prasuna Cheruku, founder of the influencer management agency Diversifi Talent, said that some of the veteran creators she works with didn’t think the ban would actually pass, but that the political drama and TikTok’s evolution have caused some of them to become disillusioned with the app.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleHow to Clean Your Coffee Grinder (and How Often You Should Do It)
    Next Article Threads will now automatically filter out offensive words

    Related Posts

    Here Is Everyone Mark Zuckerberg Has Hired So Far for Meta’s ‘Superintelligence’ Team

    July 1, 2025

    Microsoft Says Its New AI System Diagnosed Patients 4 Times More Accurately Than Human Doctors

    July 1, 2025

    OpenAI Leadership Responds to Meta Offers: ‘Someone Has Broken Into Our Home’

    June 30, 2025

    OpenAI Loses 4 Key Researchers to Meta

    June 30, 2025

    OpenAI’s Unreleased AGI Paper Could Complicate Microsoft Negotiations

    June 30, 2025

    Substack Is Having a Moment—Again. But Time Is Running Out

    June 29, 2025
    Our Picks

    How to Make AI Faster and Smarter—With a Little Help From Physics

    July 1, 2025

    Xiaomi’s YU7 Is an SUV-Sized Middle Finger to Tesla’s Model Y

    July 1, 2025

    Apple accuses former Vision Pro engineer of stealing trade secrets

    July 1, 2025

    Trump says he’ll look into deporting Musk as fight over bill escalates

    July 1, 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Gear

    No, You Probably Don’t Need a MacBook Pro

    By News RoomJuly 1, 2025

    We all have that one friend who’s tech-savvy that everyone turns to for advice, especially…

    Sharp pencils for hard times

    July 1, 2025

    How Do Pimple Patches Work? Here’s Everything You Need to Know

    July 1, 2025

    Newark’s air traffic outages were just the tip of the iceberg

    July 1, 2025
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.