this post was submitted on 18 Jul 2023
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No money to make on the fediverse => no (expensive to create) content.
Exactly. Youtube is there to stay, i think. I dont have many issues with it as well tbh. I pay for our family account and its just an amazing experience, no need for Spotify with YT Music as well. Creators earn more with premium too - the service is just working for me.
One could debate about hosting costs and revenue split and content policies, but in principle, i have no qualms with Youtube.
YouTube probably isn't worried about open source competition, but Twitch could be a real competitor. Twitch already captured a large chunk of gaming, especially the live streams.
Twitch could have massively ate into YouTube if they wanted, but they must have decided it wasn't worth the cost to host videos.
Twitch would need a lot of work to make videos more first class citizens, that is probably more the reason than storage costs. They have Amazon backing them now with basically unlimited storage potential.
Honestly the only subscription I don’t mind paying for. You can’t beat ad free YouTube videos.
Yeah definitely but why pay for that?
You can also seamlessly download videos on all of your devices, on top of their own music streaming service.
I’m sure you can get all of it for free somehow, but there’s a point in life that convenience is more important. Also, the family plan is dirt cheap if you consider all you get.
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Yeah paid YT is probably the last media subscription to go, especially with YT Music. Hours and hours of watch time probably number one thing watched by the whole family. The only problem I usually have with YT is getting "boxed in" to content, like it thinks I only like watching channel X now because I watched a video. Sometimes the entire feed is like 2 or 3 channels and it's harder to discover something new.
(One interesting thing, if you create your own YT channels each channel has a fresh watch history and sometimes you can then build up a different set of videos on the other channels)
There is money to be made, just not off ads. Instagram has content without paying people. It just depends on how the creator is financing themselves. Paid sponsorships? Is it in support of something else (Patreon, web store, etc)? There is no money to be made off ads and I support that. But there is money to be made, but you need a following for it to be worthwhile. It'd be interesting if someone created an app that allows dual posting to YouTube and PeerTube, or posting to PixelFed & Instagram at the same time. Once they start getting followers on those other platforms, there are less intrusive methods to monetize it.
Yeah, till we have paid subscriptions or very well targeted good reputation advertising, there won't be enough money to switch over.