noodlejetskiso, which Big Tech company do you think is going to shit the bed next and popularize its Fediverse/FOSS equivalent in the process?
I'm personally crossing my fingers for Discord.
NankeruThere isn't much left.
First Facebook with their whole meta thing, then Imgur deleting all NSFW content and images uploaded by non-registered members, afterwards Twitter and now Reddit.
Twitch made a big mistake with their new sponsoring rules, but seems like they are reverting / changing it again due to bad community feedback.
Discord had a few changes the community didn't like, but nothing ground breaking yet. But they get more and more greedy and their platform is filled with scams, hackers, bots and sadly many bad people like child predators and content which Discord support does nothing against. They seem not to care.
YouTube, well, I think they might be next actually. More and more ads, restricting or demonetizing many videos, bad communication with their creators and less rewards for smaller creators. In addition, they might put high quality resolutions behind their already existing expensive subscription paywall. There isn't any competition which is urgently needed.
Which other big social media platforms are left?
I don't really see YouTube failing anytime soon. They have such a massive userbase, it's hard to imagine any other platform taking over anytime soon, regardless of shitty UX decisions. Creating a successful video platform like they have is an enormous challenge, the only reason they succeeded is because they were early.
Pēteris Krišjānis@hampter @noodlejetski @Nankeru *cough* TikTok *cough*
In all seriousness, Google does not know what to do with YT. It is very hard to monetize. They tried to do whole TV thing, which fell flat on it's face. it keeps being huge money sink, and moderation is nightmare and algorithms seems to fucking up constantly.
They can't get rid of it, because it is huge, but it is not fire sure profit.
In all seriousness, Google does not know what to do with YT. It is very hard to monetize. They tried to do whole TV thing, which fell flat on it's face. it keeps being huge money sink, and moderation is nightmare and algorithms seems to fucking up constantly.
They can't get rid of it, because it is huge, but it is not fire sure profit.
I don't know about YouTube not being profitable, but even if they aren't, you'd be hard pressed to find a company better equipped to handle a money sink that Google. In 2022, they had a gross profit of 156 billion... I don't think they are panicking, scrambling to monetize YT at Alphabet HQ.
@hampter @noodlejetski @Nankeru I think it is just a failure of your imagination...corpos think in terms of "why have only some of money, if we can have *all* the money". Not sure pushing YT Premium subs and being almost torturous obsessive with scam ads indicate they somehow cool with sinking money in YT pit.
Océane ⏚@peteriskrisjanis @Nankeru Hi, honestly I think that PeerTube will grow organically. Most contents creators there aren't addicted to feedback loops but just glad to make 1000-2000 people happier. Speaking as a blogger myself, my previous blog made around 200 views per blog post, sustainably; sometimes I look at the stats and think “wow, people have been sharing this 12-pages blog post these last few days!”, it's humbling. Stats let me know which blog posts get the more attention and time from people and deserve improvements on wording, storytelling, my introduction, etc.
When people think about YouTube they think about extremely successful making a few millions of views per video, but such an exodus won't happen on e.g. PeerTube because it relies on YouTube recommandations being centralized and somewhat authoritarian (by making indirect cultural references scarce and again somewhat centralized). This won't happen on PeerTube, and isn't desirable at all; when YouTube dies, they'll need to diversify their business models/sources of income or just to get hired in communication.
So maybe the YouTube migration is already happening and is already somewhat successful, according to its own metrics.
Christof Damian 💙💛@peteriskrisjanis
I think YouTube is doing fine and seems pretty easy to monetize with ads at the moment.
They also have 80 million paying subscribers.
https://www.businessofapps.com/data/youtube-statistics/
@hampter @noodlejetski @Nankeru
I think YouTube is doing fine and seems pretty easy to monetize with ads at the moment.
They also have 80 million paying subscribers.
https://www.businessofapps.com/data/youtube-statistics/
@hampter @noodlejetski @Nankeru
YouTube Revenue and Usage Statistics (2024)
YouTube was launched in 2005. It was founded by three PayPal employees: Chad Hurley, Steve Chen, and Jawed Karim, who ran the company from an office above a small restaurant in San Mateo. The first video uploaded to the platform was “Me at the zoo”, featuring Karim. By the years end, YouTube was hosting over two million videos per day on its website and was averaging over 20 million daily active users. It wouldn’t be long before Google scooped up YouTube, acquiring the startup for $1.65 billion in late 2006. What was considered at the time to be a huge reach for a startup which had shown no capability or interest in generating profit is now recognized as one of the smartest acquisitions of the