this post was submitted on 23 Sep 2024
552 points (97.4% liked)
Technology
59161 readers
2119 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They’d have more paying subscribers if they didn’t charge more than Netflix for what amounts to user-generated content that they’re getting for free.
They’re not getting it for free. They pay video creators. And they know that the more they can pay them, the more and better content they will get.
And with any product pricing, there is always a balance between charging less to get more customers, or charging more to get more money per customer.
I’m pretty sure YouTube knows more about how to price their service than any of us.
barely, most of that payment is from premium subscribers and memberships, people who spend their own money on this, youtube gives them a share of the ads, sure, but ads are basically a fraction of the majority of most youtuber incomes these days.
It used to be free, it’s not like the majority of YouTube users voted yes to google takeover.
It’s not like YT is a democracy LOL
And YT was never free. It has had ads from the beginning. Perhaps not its very first months as a startup but those were supported by its seed investment capital so obviously a special and finite circumstance.
YT is ad supported. It always had been. Free services need to make money somehow and ads are one way. It is baffling watching people realize this for the first time because they’ve been shielded by their ad blocker for years, but dude, here outside that little bubble, in the real world, this is how things work.
Thy take as much as they can get and pay as little as they can, using AI for both:
https://www.youtube.com/watch?v=4EmstuO0Em8
Quasi-Monopoly makes services worse for everyone!
Everyone in every aspect of this economy tries to get the most while paying the least. I swear people in here are bitching about absolute economic basics that they themselves are guilty of.
If you hate monopolies, go pay for Nebula and Curiosity stream like I do.
I do pay for Nebula, it is not the Solution to our Problem. We need regulation.