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TikTok requires users to “forever waive” rights to sue over past harms
(arstechnica.com)
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It's pretty interesting to see the different terms on their website.
If you live in the US, you have to sue in California. If you live in Europe (EU + some countries), they suggest two courts (Ireland, the UK), but also state that your local courts will work. They also point you at the EU Online Dispute Resolution platform to get started without a lawyer if you wish to. If you live outside either region, you're bound to arbitration under the Singapore International Arbitration Centre.
The time limit only seems to apply to the US version of the terms. I'm guessing their lawyers found that they can get away with this shit over there, but probably not everywhere else. Not that unsurprising, I guess; I wouldn't exactly expect someone living in Morocco or Siberia to go to Singapore to start fighting Bytedance in an arbitration centre, so the entire clause is probably moot anyway.