Teenagers are already abandoning Facebook for TikTok, showing that even massive network effects can be overcome by changing fashions and new platforms, suggesting Varoufakis underestimates the power of consumer choice and network effects are not permanent.

normativepending

Speaker

Gillian Tett

Evidence Quote

teenagers aren't on facebook do you have kids teenagers wouldn't be seen dead on facebook fashions change surprisingly fast

Source

Can we Fix Capitalism? Yanis Varoufakis vs Gillian TettIntelligence Squared
Created: 8/12/2026, 10:33:04 PM

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