Re:YouTube doesn't want to take down scam ads
by johnnyanmac on Tuesday December 12, 2023 @07:52PM
(#38621180)
Congrats (kind of), but we can't view "addiciton" in a microcosm of 1. And regardless, addiction isn't the term I'd use to describe the problem. maybe more like all-encompassing.
But the real problem is that Youtube makes all this money but it still took a decade+ to start looking profitable. It's extremely hard to compete with them even if you somehow got over the network effects because it's hard to make money while also paying content creators. Google could do it because they could commoditize youtube's early unprofitability to their ads revenue.
Ideally, something like Netflix spawns and lets "amateur" content creators host as well, which solves many problems. But netflix doesn't seem interested and the few competitors doing that are still in the discovery phase.
But the real problem is that Youtube makes all this money but it still took a decade+ to start looking profitable. It's extremely hard to compete with them even if you somehow got over the network effects because it's hard to make money while also paying content creators. Google could do it because they could commoditize youtube's early unprofitability to their ads revenue.
Ideally, something like Netflix spawns and lets "amateur" content creators host as well, which solves many problems. But netflix doesn't seem interested and the few competitors doing that are still in the discovery phase.