TikTok’s Creator Economy Stares Into the Abyss

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 in law on Wednesday.

The version of TikTok impacted by the legislation is not the same platform that then-president 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

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