Re:Roger McNamee: I invested early in Google and Facebook an...
by remarkEon on Wednesday August 09, 2017 @01:36AM
(#14965816)
Is there? How are we defining value here? Profit?
I broadly agree that creators hugely benefit from these platforms, but that really doesn't seem to be what they're optimizing on imho. And you basically admitted they're a monopoly with that final statement.
Re:Roger McNamee: I invested early in Google and Facebook an...
by forthefuture on Wednesday August 09, 2017 @02:27AM
(#14966047)
It costs money to host video. The volume of advertising you sell supports your costs, with a fraction going to the content creators. Using information you gather increases how much advertising you can sell. The more advertising you sell the more money everyone gets.
Having a low cost infrastructure for video streaming and good advertising deals is not a monopoly, it's an investment.
Re:Roger McNamee: I invested early in Google and Facebook an...
by bamboozled on Wednesday August 09, 2017 @07:35PM
(#14974786)
But you can still have advertising, just not targeted and use tactics from the gaming industry to get people hooked on content.
If you started your own site there's absolutely no way you could be profitable competing on both hosting costs and payout to creators.