The decentralized web is growing

https://jlai.lu/post/86996

The decentralized web is growing - jlai.lu

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.