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News@lemmy.world · 20 hours ago

As TikTok prepares to shut down, billionaire Frank McCourt wants to buy it to radically change how the internet works

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As TikTok prepares to shut down, billionaire Frank McCourt wants to buy it to radically change how the internet works

cm0002@lemmy.world to

News@lemmy.world · 20 hours ago

McCourt wants to build a decentralized version of the internet where individual users, not tech companies, own the data from their online lives.

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There are also some economic constraints that almost always make centralization cheaper. Resiliency almost always requires redundancy, and that costs more.

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