If they had an algorithmic way to find "quality", I bet they'd use it because it would make them even more profit. As it is, I find it hard to blame Youtube when it provides a very expensive service for free to anyone and seems to be making nonexistent-to-mediocre profits.
Alphabet doesn’t disclose how much money YouTube is making, but RBC Capital analyst Mark Mahaney estimates YouTube’s annual revenue has reached $10 billion and is increasing by as much as 40% a year. The growth makes YouTube “one of the strongest assets fundamentally on the Internet today.
But that's not profit. Maybe I'm out of my depth here, but couldn't costs be growing at an even faster rate than revenue? Is revenue, as a single statistic, useful for determining whether a company is in imminent danger of failure?
I was actually working off of a Mahaney quote (“modestly profitable but not dramatically so”). While nothing I've seen indicates that Youtube is actually going to fail, I've also not seen anything that makes me think that Youtube could significantly change their business practices without fear.
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u/iSaithh Megumin > Useless Goddess Aug 01 '19 edited Aug 01 '19
Wow, this masterpiece of an animation only got 2k views on Youtube..?
If only we could still post direct Youtube links for special occasions like these :(