this post was submitted on 10 Jun 2023
218 points (100.0% liked)
Technology
37699 readers
313 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't really see YouTube failing anytime soon. They have such a massive userbase, it's hard to imagine any other platform taking over anytime soon, regardless of shitty UX decisions. Creating a successful video platform like they have is an enormous challenge, the only reason they succeeded is because they were early.
@hampter @noodlejetski @Nankeru *cough* TikTok *cough*
In all seriousness, Google does not know what to do with YT. It is very hard to monetize. They tried to do whole TV thing, which fell flat on it's face. it keeps being huge money sink, and moderation is nightmare and algorithms seems to fucking up constantly.
They can't get rid of it, because it is huge, but it is not fire sure profit.
I don't know about YouTube not being profitable, but even if they aren't, you'd be hard pressed to find a company better equipped to handle a money sink that Google. In 2022, they had a gross profit of 156 billion... I don't think they are panicking, scrambling to monetize YT at Alphabet HQ.