this post was submitted on 13 Jun 2024
620 points (98.4% liked)
Technology
60131 readers
2828 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 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeeeah, but my issue with that is they generated the expectation that it'd be free by using their investment money to muscle out smaller competitors. There was a time where Youtube was the biggest of a set of UGC video sites and some of the others were competitive. Now it's the only real alternative.
So from that perspective they made their bed, now they sleep in it.
All of YouTube's competitors were doing the same thing, use ads to subsidize free video hosting. It just happened to be that YouTube was the survivor. If there was competition, it would likely have the same business model that YouTube has. Spotify may be building a YouTube competitor based on the same model.
Yep, that's also fair. Google is the leftovers from the "let them fight" approach to venture capital. Now we have a monopoly on many areas and nobody's left to do anything when Godzilla comes to visit.