The View | As Facebook looks to WeChat, China’s digital world is wowing the West, and globalisation is no longer a one-way street
- With even Silicon Valley giants like Facebook learning from the hyperconnected WeChat universe, the investment in data and AI by the Chinese state and companies is paying off
This is not only a new direction for an internet giant that influences social media and the wider culture, it’s the first time that a Silicon Valley tech tycoon is indicating that a Chinese digital ecosystem is worth learning from and emulating.
There are key moments when an invention or product revolutionises society: the telephone; the automobile; television; the aeroplane; personal computers; smartphones.
Now, it’s the digital ecosystem. Facebook is one such ecosystem – a platform with multiple functions that people return to use again and again. For some, it functions as a mini-internet, to such a degree that they don’t realise that Facebook operates through the internet. People can send private messages to friends, post photos that anyone who has a Facebook account can see, find out about local events, promote their business and more without leaving the site.
Facebook also has live streaming, Facebook Watch for TV series and Facebook Marketplace for buying and selling. It owns WhatsApp and Instagram, so those are also part of its ecosystem, and it has emulated popular functions from Snapchat and others.
Facebook is the dominant digital ecosystem in the West. WeChat is the dominant digital ecosystem in China.