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That won't work, Youtube is fundamentally dependent on massive storage, massive compute and massive internet connectivity PLUS a revenue mechanism for creators. A whole lot of infrastructure. Monopoly laws and taxes are punitive. In other words: they can only ever create a situation where there is fundamentally less available. They cannot create a second Youtube, they can only destroy Youtube. Unless the government builds the infrastructure, which is a nonstarter. If you cannot use state power and/or resources to create a second and third Youtube, then letting Youtube be a monopoly is probably the best option. The big difference between competitors and a monopoly is that a monopolist can only improve outcomes by growing the market ... which is exactly what we want. Unfortunately it is very much not what the government wants. Well, it is not what governments (plural) want. Governments think they're god, and of course like two people in a madhouse that both think they're god, there is a rather fundamental disagreement here. They will realize, eventually, just how stupid it would be for god to let other gods (anyone but themselves, other governments, but also private people) control mass media. This means we will get closer and closer to the situation that Youtube cannot satisfy multiple governments. This could even apply to multiple parties within one state structure. You would hope this means they'll build infrastructure, but we all know what will really happen: they'll destroy it. Youtube will end because governments will see it as a threat to them, and they just won't care how much damage they're doing. Just look at the current government. There are a LOT of economy texts, some quite old that warn about the dangers of letting private interests control the only market for anything. They suggest the government should make sure they own or at least control the market itself, but that includes paying for infrastructure. This has it's own problems (like censorship), but there is really no alternative. Either you do that or eventually the monopolists will BE the government. |
Unfortunately for them, I don't watch enough of their learning content to care about subscribing. But it's an option, and if I wanted to spend more time watching videos I could do so.
Operating a site with all the features and scale of YouTube is prohibitively difficult just because YouTube sets the bar so high, but operating a smaller more targeted competitor isn't. There are no barriers to entering the market. And that's largely thanks to Google and how they pushed so much video functionality into Chrome itself!