3 ms·

And in any case, youtube isn't a job creator. it's a lottery. It's pretty simple: if it was a large job creator, Google would have told everybody about that. Bu

by petra 9y ago

And in any case, youtube isn't a job creator. it's a lottery. It's pretty simple: if it was a large job creator, Google would have told everybody about that. But when trying to search about the subject, the most you'll find is stories about stars.

yoz-y 9y ago
YouTube is a huge opportunity creator. The lottery aspect comes from the fact that the offer is enormous. Before YouTube, if you wanted to make your life talking about some niche subject you were out of lack. It is now possible because the barriers for entry have fallen.
- ryandrake 9y ago
  > YouTube is a huge opportunity creator. The lottery aspect comes from the fact that the offer is enormous. That’s like calling casinos “opportunity creators.” The lottery aspect comes from the randomness of success.
  - njarboe 9y ago
    And that the expected value of an hour of work producing YouTube content is probably, like a casino, negative, if you include production costs.
  - yoz-y 9y ago
    Casinos work very hard to make you lose your money. Achieving success on YouTube is hard but it is largely skill based. Having a successful channel requires a lot of determination. You may get lucky and have one viral video which makes you some cash, however in order to have a sustainable stream of revenue you have to produce good content on a very regular basis. To me, this seems way way less luck based than TV or Hollywood production where you have to conform to a ton of rules, then get lucky at an audition in order to have a chance to appear in something that has to pass through ten committees to be green lit. Find a subject, make good content and if there are a few thousand people passionate about it you will meet the months end.
    - petra 9y ago
      Nobody will argue that youtube haven't enabled people to get exposure, or on the immense effect youtube had on culture/business/marketing/etc... The question is about jobs. how many people can live full-time from making content for youtube ? What's the share of people who succeed in that ? How stable is their job ? And i don't mean to be blunt, but really, to answer those questions, only data can help.

by petra 9y ago

yoz-y 9y ago

YouTube is a huge opportunity creator. The lottery aspect comes from the fact that the offer is enormous. Before YouTube, if you wanted to make your life talking about some niche subject you were out of lack. It is now possible because the barriers for entry have fallen.

ryandrake 9y ago
> YouTube is a huge opportunity creator. The lottery aspect comes from the fact that the offer is enormous. That’s like calling casinos “opportunity creators.” The lottery aspect comes from the randomness of success.
- njarboe 9y ago
  And that the expected value of an hour of work producing YouTube content is probably, like a casino, negative, if you include production costs.
- yoz-y 9y ago
  Casinos work very hard to make you lose your money. Achieving success on YouTube is hard but it is largely skill based. Having a successful channel requires a lot of determination. You may get lucky and have one viral video which makes you some cash, however in order to have a sustainable stream of revenue you have to produce good content on a very regular basis. To me, this seems way way less luck based than TV or Hollywood production where you have to conform to a ton of rules, then get lucky at an audition in order to have a chance to appear in something that has to pass through ten committees to be green lit. Find a subject, make good content and if there are a few thousand people passionate about it you will meet the months end.
  - petra 9y ago
    Nobody will argue that youtube haven't enabled people to get exposure, or on the immense effect youtube had on culture/business/marketing/etc... The question is about jobs. how many people can live full-time from making content for youtube ? What's the share of people who succeed in that ? How stable is their job ? And i don't mean to be blunt, but really, to answer those questions, only data can help.