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this post was submitted on 16 Jun 2023
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Mildly Infuriating
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It's just good to get something in this website for casual viewing whilst refreshing original content is added overtime.
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I was thinking what if we switched to a fediverse Youtube replacement, such as PeerTube. However, I don't think this would work. For one, because there are no ads, there's no money being made, and creators would have to be backed by donations. Not sure how much money that would bring in.
Additionally, the difference between a "creator" on lemmy/subreddit (creating a community) vs a "creator" on youtube (uploads videos) is that I can be a creator without hosting an instance here. Looks like if I wanted to upload videos to PeerTube, I'd need to make my own instance or pay for one. Maybe if there was an option to select an instance just like here on lemmy, but videos take waaayy more disk space and processing to stream than text and a few images. Could be cool to host yourself though.
I obviously don't have a lot of data but I've checked the financial for the YouTuber StupidEconomics. I've checked him because he is the one I know that publish a detailed financial report. https://docs.google.com/spreadsheets/u/0/d/1uEk4Td0fyFSGTBUhG_n6oxOanmknXi21p3VmFszCCYU/htmlview#
It looks like YouTube ads revenus are only 5-10% of his revenus. Most of his revenus are donations and public subventions.
Not only that but Youtube often demonetizes videos while also cutting ad-payments. Payments per-view today are much lower than they were 5 years ago.