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I don't expect YT to be a charity, but I do think its current market position is a monopoly (or close enough as doesn't matter) which is worth more scrutiny. It
by CalRobert 3y ago
I don't expect YT to be a charity, but I do think its current market position is a monopoly (or close enough as doesn't matter) which is worth more scrutiny. It also seems likely that they got to their current market share by being massively subsidized for over a decade, and not needing to run (many) ads. How many services would have launched but thought "nah, we can't compete with Google's infinite money machine subsidizing our competitor"?
Nebula is worth a look, though.
- piva00 3y agoIt's pretty much what Yanis Varoufakis brings up on "Technofeudalism", Google created a digital feud with YouTube, heavily subsidised it until there was virtually no competition and now just lives by extracting rent from everyone on the platform: ads' buyers, users (we pay either Premium or with our data), content creators, etc. YT can change the rules of the game and there's nothing anyone can do about it, they will keep extracting rent now that their platform is basically a fiefdom. Without competition, without alternatives, we all depend on the digital land that Google took control of, just like serfs and peasants. I miss the Open Web.
- CalRobert 3y agoIt'll be even better when all websites block non-Google browsers by default thanks to WEI attestation. Maybe we can have an edgy underground web again. (the fediverse kinda sorta feels a little like this sometimes)