there is no one better than david kirkpatrick with techonomy.ook "the facebook effect" was the definitive book on social for a generation. -- sometimeffect late this year. david, what is the tiktok effect? david: thank you, tom. actually, one element of the tiktok effect is that facebook is facing competition that is more aggressive and effective than it has in perhaps a generation. effect is also one of making american political leaders deeply nervous because a chinese application has basically penetrated the bedrooms and telephones of more or less all american teenagers. there is a number of other elements to it, but it is a andty fascinating story going rapidly into the political realm. tom: so going after facebook, are we going to see other vendors, other parties, coming in here to take over the tiktok effect with microsoft? do you expect other bidders? david: that is a good question. i think it makes sense that others would be interested, but one of the things that, depending on how expensive tiktok terms out to be, which is hard to know, t