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Why? Why is it absurd? You are thinking at human scales, and that is understandable, but Google doesn't think at human scales and it's only "absurd" if you think that Google has the inalienable right to the smallest possible cost of goods sold, even if that means offloading their externalities onto everyone else. It is probably obvious that I do not. You shouldn't, either. At Google's scale, trained-but-unskilled workers are not expensive. They are not cheap, but they are not expensive. And Google makes a lot of money. This is a common throughline from large societally-threatening, socialize-our-externalities-but-never-our-profits companies from Facebook to Google: "doing something correctly, or even trying to, would just cost too much money, so we should continue our societal-termite ways!" Until these unwatched monsters--and that is, I stress, the default state of the corporation, it is only the threat of the society that grants them their charter taking it away that adds even a speck of decency to them--prove, prove, that they somehow just can't survive by reducing incomprehensible net revenues to merely gigantic, then I will continue to operate on the understanding that they don't want to. Which I tend to think is a much, much more realistic thing. I don't care. They fix their product or YouTube delenda est. Either is preferable to the current situation. |
They make money by not spending it when they can get the same outcome for free[1]. Also, Search and Adwords make money, YouTube is getting by[2] (relatively). Why should other divisions subsidize a loss-making YouTube? Some channels don't make enough money relative to number of comments to be financially viable (no matter how cheap the moderators are) - Google has simply outsourced this decision to individual channel owners.
1. Google user's do a lot of things for free already, e.g. Map POIs
2. My guess - they don't breakout YT's income/expenses in fincancial reports https://www.marketwatch.com/story/the-sec-wants-to-know-why-...