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Capitalism: Youtube and ripping
  • Vitaliy_KiselevVitaliy_Kiselev

    In 2019, YouTube ad revenues were $15.15 billion, which represents 86 percent growth since 2017. By contrast, the main Google search business grew by 40 percent to $98.1 billion over the last two years.

    The "other revenue" category has grown 56 percent over the last two years -- so like YouTube, it's outperforming Google's core search ad business.

    https://abc.xyz/investor/static/pdf/2019Q4_alphabet_earnings_release.pdf

    Never in history you had people making videos almost for free, compared to similar task jobs salaries (if you exclude top 3000-4000 channels) :-)

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