Comment by WarmWash
3 hours ago
Read the story of vid.me, YouTube's only ever credible competitor.
There is also nebula and curiosity stream, which also illustrate my point. Both solid good services with <1% conversion rates.
There is no better service than YouTube while using an ad-blocker, and no amount of "awesome new platform" can break that. Most people's response to "YouTube sucks" is to ad-block on YouTube, not go to a competitor(and pay/view ads). It totally breaks the market and ultimately makes things shitty. That debt must be repaid somewhere.
It's interesting to think about what is actually so good about YouTube. Is it being able to go to the homepage and see a bunch of stuff to click on? Nebula has that.
I signed up to Nebula to support alternative platforms, yet I still click on YouTube all the time and not Nebula. Why is that? I'm not sure.
Because yt pays creators more than the others, both in absolute (total dollars) and relative (revenue share) terms.
As long people are "sticking it to the man" with ad-block, youtube gets to keep it's monopoly. They have literately turned people's greed back against themselves, since it ensures starvation of competitors. And yt doesn't have anything to do with it, hence not monopolistic.
Even with creators who post on both Nebula and YouTube, I still end up watching them on YouTube for some reason.
Actually that’s a decent counter example.
YouTube hasn’t degraded in service or quality and when I pay them for the ad free service, they don’t try and sneak more ads in anyway like some other services have or the historical example of cable tv.
I’d probably be a lot happier if most software companies produced a product and kept a user relationship with me the way YouTube has.