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YouTube puts third-party clients on notice: Show ads or get blocked (arstechnica.com)

submitted 7 months ago by dvdnet62@feddit.nl to c/technology@lemmy.ml

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[–] HexesofVexes@lemmy.world 176 points 7 months ago (2 children)

https://www.statista.com/statistics/513049/alphabet-annual-global-income/

Let's pause a moment and just appreciate how much money Alphabet actually make net (after expenses). $73,795,000,000 last year - higher than the GDP of entire nations, in profit.

The "bad" year, 2022 that drove all this change, they only made $59,972,000,000 net. Oh how terrible (!)

5 years ago, they made $34,343,000,000 net, so they've more than doubled profits.

Take a moment to appreciate that, and really consider if they "need" the money.

[–] FMT99@lemmy.world 111 points 7 months ago (3 children)

Shareholders: you doubled your profit last year, so I expect you to do it again this year.

[–] haui_lemmy@lemmy.giftedmc.com 33 points 7 months ago

*we expect you to do better than that

There, fify

[–] dezvous@lemmy.world 15 points 7 months ago

Pretty much. Capitalism is completely unsustainable.

[–] prole@sh.itjust.works 6 points 7 months ago

And kill the entire planet in the process if you need to.

[–] iopq@lemmy.world 21 points 7 months ago (1 children)

That's the whole company. How much did YouTube lose for them?

[–] HopeOfTheGunblade@kbin.social 57 points 7 months ago (4 children)

YouTube lost google -31.5 billion in 2023, approximately 10% of all of alphabet's revenue.

[–] Th4tGuyII@kbin.social 62 points 7 months ago (1 children)

I was genuinely confused by this statistic until I realised it was a double negative. YouTube losen't Google a lot of money.

[–] HopeOfTheGunblade@kbin.social 26 points 7 months ago

Yeah, sorry, sometimes I can't help my need to play with language, when given the slightest chance.

[–] PCurd@feddit.uk 3 points 7 months ago (1 children)

Revenue is not profit

[–] HopeOfTheGunblade@kbin.social 4 points 7 months ago (1 children)

Yeah, unfortunately I couldn't find revenue numbers. It seems unlikely to be costing that much to host. I'd be really surprised to learn it isn't cash positive at this point.

[–] PCurd@feddit.uk 2 points 7 months ago

Best I could find is the entire division makes about 35% profit and you’d have to assume some of that was YouTube

[–] SomeGuy69@lemmy.world 2 points 7 months ago* (last edited 7 months ago) (1 children)

And as we know companies prefer to provide a service with a loss, for decades. Name a company that can make -31.5 billion and keep going. Or maybe the data went to google, where they made the money.

[–] HopeOfTheGunblade@kbin.social 4 points 7 months ago

Not made -31.5 billion. Lost -31.5 billion. As in they brought in that much, not cost it.

[–] freebee@sh.itjust.works 1 points 7 months ago

Do they somehow calculate in this the value off the youtube harvested user data that serves other Google branches? No, right?