this post was submitted on 12 Jun 2024
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chapotraphouse
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They probably aren't going to kill themselves. They've cornered a big enough section of the market that they can count on a large portion of their userbase staying. If this change increases their revenue by 45% and reduces their userbase by 30% its still a net gain. The longterm issue here is losing the creators that make really high quality content. But most of their revenue comes from people like Mr. Beast and random beauty vlogger and angry gamer man. So idk.
Please be the thing that helps PeerTube get off the ground. Video hosting is too damn expensive, so its probably wishful thinking that this could be like the event that gave us thousands of new libs to bully.
All these proxy frontends should implement federation and caching, then have a setting where admins can set the instance to cache the last X gigs of videos they proxied. Better yet if Lemmy and Mastodon were to also cache posted videos too.
What market can emerge to take a bite out of youtube? All I can think of are tik tok, video games, and books. Youtube makes plenty of money off of podcasts. I doubt nebula or similar will grow enough to take a sizable portion of youtube's userbase. Alternate hosting sites might be neat but I don't think enough people are tech literate/savy/informed enough for that or are simply too lazy to seek out stuff like that.
TikTok came out of nowhere.
Why can't something else?
I subscribed to nebula so I could watch the jet lag series early and all the other videos on there are literally just the liberal war analysis videos. so nebula has that market covered but any other genre of video will have to rely on youtube. also nebula doesn't have comments which may be a dealbreaker for many.
The problem with a 45% increase is that people who actually use adblockers is only around 10-20% of their userbase, but more intrusive ads will probably affect the other 80-90% of people and make at least some of those people use youtube far less as well. It also primes the market for a youtube competitor to come along and offer the same service, but with far less intrusive ads. I don't believe any company can be "too big to fail." I don't think this will be some massive overnight thing though, but it might start a chain reaction that leads to people using something else in the future. (Like if something like TikTok started letting people make long form content in response to this, it could cause a lot of people to move to their platform from youtube)
TikTok is looking at opening up hour long vids