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by Judgmentality 484 days ago
I've always thought of how weird it is that YouTube even exists, as much as I love it. I have tried many times to figure out how it could exist independently of Google or some other tech giant, and watched many competitors try and fail.

I'm not sure YouTube can exist outside of being a monopoly. I'd actually argue YouTube is the strongest evidence in existence in favor of monopolies, far better than anything Thiel has suggested.

I want to be wrong about this but the evidence suggests it's so.

2 comments

I have to guess it's some kind of uber situation, where the core business is only possible (let alone profitable) at enormous scale. Free video hosting for everyone, accessible to everyone at any time, is a heavy lift that doesn't make sense without videos that people watch millions of times.
> strongest evidence in existence in favor of monopolies

i dont think it is evidence that monopoly is good.