I'm not the type of person who uses TikTok. Publicly shame your friends for opening godforsaken apps.I mainly rely on the following research Jonathan Hite That social media is bad for us, especially those of us who still have relatively flexible brains. But part of an economist's job is to point out the costs of the good things and (I would add here) the benefits of the bad things.
So what does TikTok get right?Well, the speed of transmission is abnormal. information. Artists who release new music can reach millions of people overnight. Sale and discount codes for *anything* can be quickly disseminated to the right audience. How will this affect the economic system? Optimistically, we might say that certain niche markets will be cleared more quickly. More pessimistically (or at least realistically), Ted Gioia reminds us How will this change the overall cultural landscape?
From 4chan to Tublr, Myspace to Twitter, internet memes have always beenlife hack” But on TikTok, “life hacks” have expanded to “work hacks,” especially in practical professions. I would argue that this is why TikTok is so great. As imitative primates, we humans can identify new ways to perform familiar tasks and quickly decide whether we need to adopt the technique ourselves. We are instinctively hardwired to emulate our successful brethren, and we can pick up on unspoken work routines in short video form that are nearly impossible to convey in words. do not have People have been trying to figure out if it wasn't sandwiched between cat videos.
Sure, YouTube has been around for a long time, but YouTube is how-to videos for people who don't know how-tos yet. Instead, TikTok is full of how-to videos for people who: I already know It's a how-to, but there's a lot of room for slight improvement.the teacher's wife asks Teacher TikTok Ideas for materials, classroom setup, etc. A few simple searches will reveal that a „continuation“ of the virtual world exists. for largely Any Skilled labor— and many jobs that may be categorized as immature. It is not a substitute for a formal learning environment in economics, for example at graduate level, but it can occasionally give you clues about certain issues. R shortcuts That's what ChatGPT overlooked.
A combination of user feedback and mysterious algorithms creates rapid sales that are selected based (at least a little) on criteria of usefulness and, of course, entertainment.at least nelson and winterand more recently How to be an otaku, economic change can be viewed as an evolution or cultural transmission of daily life and customs. TikTok is just one modern sending mechanism. Unfortunately, I don't know how to count these benefits of reduced learning friction. In a flexible and efficient labor market, „work hacks“ will yield higher wages for informed people, but my guess is that videos will only marginally improve work environments and workflows.Maybe just add them to the list immeasurable progress of the modern world.
You can also discuss the value of IP or no competition Work routines can help or hurt the learning process, but in the meantime, Work TikTok brings hacks to change your workday. In my case, save on transaction costs, disseminate tacit knowledge, and exclude me from the brain-sucking process.
Kurtis Hingle is a doctoral student in economics at George Mason University.