By not banning TikTok, the United States is giving China control of one of the most powerful algorithms that influence China, Bedrock Capital founder Jeff Lewis said Thursday on CNBC’s “Squawk Box.” said.
Lewis said, “I would love to see a ban on TikTok. It reminds me of when President Trump issued an executive order banning TikTok in August 2020.”
He continued, “I support banning or divesting TikTok. I think you have a somewhat narrow problem with this. I’m concerned about the practicality of the sale. This bill has a six-month deadline, but there’s a chance the design could fail. If that’s the main purpose. I worry that if we can’t achieve this, freedom of speech will spill over into society. Yes, I’m in favor of banning TikTok, yes, of course. Anyone who doesn’t support TikTok, It could itself be a foreign adversary or a foreign agent.”
Lewis continued, “It’s really dangerous that Chinese social control, Chinese Communist Party control, and social media companies are giving so much influence and access to data to over 150 Americans. It’s clear,” he added. We’ve been talking about doing something about this for years. Should have done it four years ago. ”
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