this post was submitted on 04 Nov 2023
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Mildly Infuriating
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Take googles 60 billion profit and stop complaining. But unfortunately that's not reality.
The growth of YouTube's revenue has always been steadily climbing. But it's far too slow to be a competitive investment. It's only like a percentage or two per year, that's not a rate that investors want to see. So yeh Google is putting like a couple of percent more ads on YouTube every year that is necessary to stay somewhat relevant in the market.
Of course there is a limit, at some point you can't put more ads into your system. I think they feel they are at that limit, and they are, it's getting insane with the ads. . They try to get some percentage of people to stop ad block or some percentage to subscribe.
But it's just delaying the inevitable demise. At some point they are out of people to milk for money, so growth will stop. So investors will pull out and YouTube will stop existing. This is just how it works.
Stop feeling bad. Someone or something will take its place. It will start small and grow and grow until it also dies. They could have 60 billion profit 'forever' but that's not how capitalism works. Capitalist are going to capitalist and there is nothing you can do about it. It doesn't matter what business model, or user experience, or quality. No capitalist cares. You and I care, but you and I are just secondary, afterthoughts, inconveniences. They just want us to do as they say, play the game, and stop complaining..
But it's already a business that is making money and turning a profit for Google. And when I say Google I mean Alphabet, but that's just set up to obfuscate, so Idc.