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A comment on Why is China smashing its tech industry?. Parent comment
I think you have this backwards. These social networks are predicated on the businesses that are generating enough revenues to spend on ads with them.
EDIT: To add some more context USA GDP in 2019 was 21.4t . Facebook's revenue is 0.004 of that number.
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I think you have this backwards. These social networks are predicated on the businesses that are generating enough revenues to spend on ads with them.
EDIT: To add some more context USA GDP in 2019 was 21.4t . Facebook's revenue is 0.004 of that number.