Earlier quoted context omitted.
I wonder if this will result in more outrageous, more clickbait junk from media outlets, desperate for audience attention. Even more than it is now. I am spending more time on YouTube too. I used to watch Netflix, but it has been downhill last 3 years or so.
What's strange to me is that while YouTube seems to be stealing a lot of attention, the creators on the platform are so often complaining the platform and having to build out non-platform revenue streams in order for it to make sense. Is it that they expect more than their fair share, or is YouTube leveraging their creators more than they should, or are adblockers the issue? I'm not sure what it is, it just surprises…
If you find the apparent contradiction between Youtube success and creators needing to built out non-platform revenue streams strange, the video gives a pretty good theory explaining why.
It's possible that a small number of creators are taking most of the revenue at any particular time, and the set of outstandingly successful creators keeps changing, which it might due to the promotion algorithm.
That gives all of them reasons to build out non-platform revenue streams.
I'm not saying Google/YouTube aren't taking too much. But hypothetically, even if they took 0% cut, the above could still happen.