Snap CEO Evan Spiegel on TikTok ban Wed love that

News Summary

  • TikTok is in the unique situation due to its Chinese ownership, which has proven problematic for the company’s reputation among U.S. government officials.“It is important for us to be thoughtful and really develop a regulatory framework to deal with security concerns, especially around technology,” Spiegel said onstage.
  • The text chatbot is available to all Snapchat users, but Snapchat+ subscribers can send photos to an AI chatbot, who will respond with its own photos.
  • TikTok hasn’t been very successful in e-commerce in the West, so Snap’s shopping-specific AR products could make it more attractive to brand partners and consumers alike.Snap moves quickly, but its fast pace comes at a price and the company is no stranger to safety scandals.
  • Like literally every other social media app, Snapchat responded to the pressure of TikTok’s massive growth by rolling out its own short-form video feed and creator program.
  • The employee said that the AI is designed not to respond in kind, and instead, tell the user that it won’t engage with that kind of content.
  • We’ll see how that plays out on Snapchat.Remember what Spiegel said: People love to push the limits of new technology.
At the Snap Partner Summit, one thing is clear the company is pulling out all the stops to woo its Gen Z userbase and keep them on the platform. Like literally every other social media app, Snapchat [+3628 chars]