Earlier quoted context omitted.
You are arguing that there is anything resembling a perfect market for YouTube video content. Talk about a departure from reality.
No, I'm certainly not. YouTube isn't anything like a conventional market: * Consumers do not pay money for each transaction of content they consume. Instead, they pay with their attention. But that doesn't work like a currency because their goal is not to minimize the attention they spend. It's burning a hole in their pocket and they want to give their time to YouTube. * YouTube spends next to no money on each unit o…
Like, “oh we don’t have John Oliver anymore but here’s Redacted Tonight with Lee Camp! Everyone’s happy, right?”