The Internationalism

Internationalism No. 86, April 2026 Page 10 From the series The telecommunications battle Imagine that a full-screen video turns your phone into a window. You can see a vast world through this window. Douyin is a projection of this colourful world . Douyin is the Chinese version of TikTok, and these words were spoken by Zhang Yiming, founder of ByteDance, the Beijing-based parent company of both applications. Matthew Brennan notes this in his book Attention Factory: The Story of TikTok &ampersand; China's ByteDance . The front page of the ByteDance website reads: Our Mission: Inspire Creativity, Enrich Life . A colourful and fun world, built on short videos, is also capable of generating major business. It is estimated that global users have exceeded two billion in total, mostly very young people. ByteDance is not yet listed, and its revenue is estimated by analysts based on internal company documents; 75% of it is generated in Chi...

Internationalism No. 83, January 2026 Page 14 From the series The telecommunications battle There are two interwoven and contrasting trends in the American economy. On the one hand, we are witnessing steady growth in the value of securities linked to the furious race towards artificial intelligence (AI), which could lead to a financial bubble; on the other, an increase in GDP, precisely due to the huge investments in this field, is taking place. In the first week of November, a downward correction saw many technological securities devalue by $1.2 trillion on the stock exchange. Jamie Dimon, CEO of JPMorgan, the biggest American bank, predicts that there is a one-in-three probability of a collapse, albeit not imminently. As I see it — he states — artificial intelligence is real and, all in all, it will pay off [...] just as happened in the past in the case of automobiles and television sets . Products which, however, have also seen many...