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If YouTube can afford it but their competitors go out of business in the EU how would the market shrink? Regulations tend to shrink only the providers, not the
by castlecrasher2 8y ago
If YouTube can afford it but their competitors go out of business in the EU how would the market shrink? Regulations tend to shrink only the providers, not the consumers.
- chimeracoder 8y ago> If YouTube can afford it but their competitors go out of business in the EU how would the market shrink? "The market" is a statement about demand, not supply. The market can still shrink if the legislation goes through, because the legislation can have secondary effects that cause people to be less interested in consuming content on a tube-style platform.
- TulliusCicero 8y agoYoutube isn't really providing a necessity, it's providing an entertainment option. Consumers have lots of those. If it becomes very onerous or expensive to provide their content, then they (and other providers) may have to produce less of it, which would shrink the market.
- freeone3000 8y agoYoutube doesn't create video content. Youtube is a video content reseller - and if it can't afford to buy people's video content, it's unlikely anyone else can. You're shrinking the size of the video provider market!
- DoctorOetker 8y agoperhaps it is the common goal? less societal criticism/feedback, more top down determination of media?
- thatguy0900 8y agoI think most political commentators on YouTube that do it for money use patreon more than YouTube ads, many political subjects are demonetized automatically now. YouTube doesn't want to buy their content much regardless of if its able.
- CamperBob2 8y agoYoutube isn't really providing a necessity, it's providing an entertainment option. I think you'd be surprised at the reach of educational resources like Khan Academy and MIT's Open Courseware. These things aren't 'necessities' only if you don't consider it important to educate yourself.
- sarcasmOrTears 8y agoBut there are public universities and many programs in Europe, curated by experts that never get anything wrong, so why would we need some solly internet videos, right?
- TulliusCicero 8y agoI'm aware, but entertainment is clearly where the overwhelming majority of YouTube watch hours come from. It's the same situation as with TV: educational TV exists, sure, but still nobody has a problem lumping TV watching under the "entertainment" category.