YouTube millionaires are not your friends • Hacker News Board

Re: YouTube millionaires are not your friends

#121

Post by highwaylights » Sat, Mar 18, 2023, 2:14 PM UTC

MrPatan wrote: post #55

highwaylights wrote: post #34

Earlier quoted context omitted.

I think you’ve missed the point of the comment. The point is that these people aren’t making their money from what they’re preaching, they’re making it from YouTube. Even if there were some validity to what they’re saying in the videos, if the video has 3 million views by the time you’ve watched it then you’re at least the 3 millionth fish in the packed-to-the-gills salmon farm by then and there’s no margin left for…

Vox also doesn't make their money from whatever it is they preach, but from Vox getting clicks.

Because two separate things can be true at the same time?

Re: YouTube millionaires are not your friends

#122

Post by highwaylights » Sat, Mar 18, 2023, 2:18 PM UTC

taneq wrote: post #57

highwaylights wrote: post #34

Earlier quoted context omitted.

I think you’ve missed the point of the comment. The point is that these people aren’t making their money from what they’re preaching, they’re making it from YouTube. Even if there were some validity to what they’re saying in the videos, if the video has 3 million views by the time you’ve watched it then you’re at least the 3 millionth fish in the packed-to-the-gills salmon farm by then and there’s no margin left for…

It’s a bit like people who write financial advice books. They don’t make their money from their clever investment ideas, they make it from selling self help books.

Exactly. Which should immediately raise questions over the value of their advice.

Given that the ideas they’re shilling are inherently scalable, logically it follows that if they knew how to make it work they wouldn’t have to snake oil people on YouTube for money, therefore, they’re advice has no value.

Re: YouTube millionaires are not your friends

#123

Post by r0fl » Sat, Mar 18, 2023, 2:32 PM UTC

BiteCode_dev wrote: post #59

Just an aside, but I've noticed a lot of popular video trends among the younger generation revolve around watching somebody you don't really know, doing things I would I've done with friends. Reaction videos, eating things, hanging out and making jokes, making a stupid contest, trying some new experience... It's like there is an entire part of the children/teen population that have such a bland life they feel good wh…

I agree wholeheartedly with everything you said. I go one step further with this logic.

Grown men watching other men play a sport that they like to play with their friends is equally weird.

Re: YouTube millionaires are not your friends

#124

Post by breakpointalpha » Sat, Mar 18, 2023, 2:37 PM UTC

r0fl wrote: post #123

BiteCode_dev wrote: post #59

Just an aside, but I've noticed a lot of popular video trends among the younger generation revolve around watching somebody you don't really know, doing things I would I've done with friends. Reaction videos, eating things, hanging out and making jokes, making a stupid contest, trying some new experience... It's like there is an entire part of the children/teen population that have such a bland life they feel good wh…

I agree wholeheartedly with everything you said. I go one step further with this logic. Grown men watching other men play a sport that they like to play with their friends is equally weird.

This is pretty narrow minded.

I like playing basketball. I will never be as good as Lebron James. It's fun to watch someone else play at the edge of what is possible. I might even learn something I can use myself.

I like software development. I'll never be as good as John Carmack. It's fun to watch someone else talk and think about what I like. I might even learn something.

Don't steal other people's joy just because you don't understand it.

Re: YouTube millionaires are not your friends

#125

Post by camillomiller » Sat, Mar 18, 2023, 3:25 PM UTC

varsketiz wrote: post #31

camillomiller wrote: post #29

Earlier quoted context omitted.

I’m sorry, but no. Not anymore. Everything is run by being able to get money from VC investors, and to make money for them. It IS the main driver. Idealists learn pretty fast how their idealism won’t take them anywhere in Silicon Valley of 2023. Or they’re stupid or tone deaf enough to keep on going and thinking that their n-th to-do list app will change the world. I’m afraid I gotta break it to you, but your romanti…

It can be the main driver for some, but not the only one for all :)

And they operate how, exactly? with the money of people who are in there for the money.

Re: YouTube millionaires are not your friends

#126

Post by effingwewt » Sat, Mar 18, 2023, 4:40 PM UTC

shawabawa3 wrote: post #108

Animats wrote: post #8

Celebrities are not your friends. Remember all those celebrities who claimed they'd bought Bored Ape Yacht Club NFTs? That was all a scam.[1] It was put together by a Hollywood agent who represented both a long list of major celebrities and BAYC. Now there's a lawsuit against all the parties involved. Kim Kardashian was already fined a few million dollars by the SEC for that sort of thing. [1] https://variety.com/202…

Celebrities marketing things isn't new Do you think George Clooney drinks Lavazza coffee? Does that make it a scam?

Poor argument.

Coffee commercials aren't scamming people out of millions.

The FTC didn't fine Clooney for coffee commercials but it did fine Kim, Paris Hilton, Jimmy Fallon and many other celebrities for peddling bullshit NFTs.

Re: YouTube millionaires are not your friends

#127

Post by iz_zi » Sat, Mar 18, 2023, 4:43 PM UTC

uncletaco wrote: post #32

frou_dh wrote: post #21

Earlier quoted context omitted.

That's just funny to me. Those ugly cartoons were never cool and anyone using one for their avatar looked like a moron from day 1 all the way through to day N

I loved bored apes tbh and wish they appeared in a different context. Like as a pepe alternative.

I’m so sorry. I hope you have moved on.

Re: YouTube millionaires are not your friends

#128

Post by tacker2000 » Sat, Mar 18, 2023, 5:19 PM UTC

In the programming/IT space ive noticed that the indiehackers community is somewhat in the same vein. Lots of posturing and talking about how to get rich and build a saas (with 1m ARR and No Code), courses, email lists, “masterminds”, etc, but little substance behind it.

Re: YouTube millionaires are not your friends

#129

Post by colechristensen » Sat, Mar 18, 2023, 5:38 PM UTC

polotics wrote: post #81

colechristensen wrote: post #24

Earlier quoted context omitted.

If it looks like a duck and quacks like a duck… The fact that the thing being abstracted into a security is BS doesn’t affect the rules you have to follow when you’re acting like a thing is an investment. Pumping and dumping nonsense Is securities fraud in plenty of cases, the legal frameworks were created to prevent that kind of behavior.

Pumping and dumping collectibles has a long history, from beanie babies to fake bodily remains of saints...

If I sell you a share the represents a beanie baby, that’s a security. It doesn’t matter what the underlying asset is, a security is a security and NFTs look a lot like securities.

Your AAPL shares are just entities in a database somewhere (or a series of databases, it’s complex), an NFT is essentially the same, database entries that point to ownership of an abstract thing which can be traded.

Re: YouTube millionaires are not your friends

#130

Post by mancerayder » Sat, Mar 18, 2023, 8:08 PM UTC

houseinthesky wrote: post #111

mtlmtlmtlmtl wrote: post #106

Earlier quoted context omitted.

To the 4 questions: 1. Go outside 2. Go outside 3. Go outside 4. No. Go outside. It sounds dumb, but really. I'm an introvert, I have social anxiety, I've had periods where I don't see another human face for months. On the other hand I've made good friends just from random strangers talking to me in public. Even the most socially inept can make friends. It's just a matter of placing yourself in the physical vicinity…

> If you struggle talking to people Like I have, have a few drinks. That's been my experience anyway. This is a lot of people's experience... and a whole lot of us really, really, really regret it years later. Alcohol is an incredibly dangerous and insidious tool to use for social anxiety. It works great at first, so you ignore the negative effects. But over time, it makes everything worse. Drinking alcohol decreases…

Somewhat of a Puritanical/ probably very American take on alcohol. Most European cultures have alcohol baked into lunch and dinner meals from the teenage years, and those countries seem to have better health metrics than Americans do.

Having a few drinks is not inebriation, that's all-or-nothing thinking.

Have a few drinks to reduce social anxiety except if you're prone to addictive behaviors (in which case there are a suite of things to watch out for).