Your opinion of TikTok is most likely due to your personal lens. With a 60 second time limit though the app there's very little time for thoughtful commentary unless you make the video elsewhere and import it. It's closer to a meme generator than a video hosting site, which makes the loss of creators even more problematic. Creators are willing to jump through hoops for less YouTube issues.
I know their contentID and copyright system is hopelessly broken and biased towards stealing from original content creators at the behest if established and larger publishers and this has been a real thorn in the side. Someone literally posted random white noise and it was claimed by multiple people automatically within seconds. That's a failure on YouTube's part that borders on facilitating cooyfraud. I'm surprised they haven't been sure over it yet.
Here's a primer on tiktok for those unfamiliar: https://slate.com/technology/2018/09/tiktok-app-musically-gu...