this post was submitted on 21 Nov 2023
1693 points (99.0% liked)
Technology
59587 readers
2478 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
No one's going to unless someone recreates YouTube, which isn't happening anytime soon.
It's already been recreated (vevo, peertube, etc.) it's just that those services don't have anywhere near the content Youtube has.
Thanks fot saving my time answering for all of us
Sadly, the problem is that the small platforms tend to attract all the scum that was blocked on YT. You know... all the racist anitisemitic nazi conspiracy theory ridden brains.
The ad funded model is dying AKA endless free money is dying, it doesn't work because there's no real business there it works based on the empty promise of making money elsewhere on the products they are selling without any guarantee that the advertisement is what's making them the money. The analytics are starting to tell them that it's not as good of an investment as they once thought. Advertisement has become overvalued, that's why people are saying that there is a bubble and that it's going to burst, just like it happened before with the dotcom crash.
In other words a platform like YouTube is already very flawed. Sure you can make alternative video sharing platforms and you can get them by on donations (or maybe even nationalize it in some places) but that money making component for creators isn't something that can be as easily replicated. They can do sponsorships, they can ask for donations, but donations are hardly anything to live by unless you're famous, and sponsorships can have the same problem as the aforementioned over-inflated ad revenue.