Will YouTube ever see a legit competitor?

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Pseudonym

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Like balladbird mentioned, youtube is not remotely a profitable service, so the answer is no. As well as the fact that, as Chessrook44 said, social media are monopolistic by nature. Why would you go on the smaller platform either as an creator or a viewer?

Now in the long run all kinds of things might change. New technology could make uploading and storing video's so cheap that an alternative could be viable or that an entity like youtube could lose relevance. Anti-monopoly regulation could forcibly break up youtube (not sure how that could technically be accomplished). Youtube won't be around forever, but for the foreseeable future they will remain unchallenged.
 

immortalfrieza

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RaikuFA said:
I partially blame bigger youtubers for this issue too. They always talk about this exodus but never do it. They never complain about the double standards YouTube has until they?re hit by it(hi Casey Neistat). Remember when Pewdiepie said he was gonna delete his channel unless YouTube did something about the broken copyright system and deleted a throwaway channel(a reminder this was when he was still a moneymaker for the site). They refuse to delete Pewds, those creepy Elsagate videos, Peluchin Entertainment who killed a cat on his channel or the Paul Brothers but started an actual harassment campaign against Munkey Jones all while allowing Keemstar to stay on the platform despite him being banned before.
It's what happens when monopolies exist, or more specifically what happens when monopolies technically don't exist but actually do. Sure, there's plenty of other video sharing sites already, but Youtube is really the only one that is even halfway decent and thus the only actual option. This is why Youtube keeps getting away with exploitative practices, everybody wants to leave as a result but there isn't really anywhere to go to. When you're the only game in town you can be as terrible as you want to, people will put up with it and go with you anyway because they don't have any other choice.
 

sXeth

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Well, there's a few concerns.

-Getting the storage space. If we want a perfect "new Youtube", it needs to allow basically infinite uploads to anyone. And yeah, thats not exactly in the financial sphere of most anyone, or even a lot of larger businesses.

-Avoiding the legal wrangling that has led to many of the current issues in Youtube. This is astoundingly difficult both in expense, and actual global coverage. By and large the only way to do this is going to be eliminating the first option and having extensive moderation of content, or only hosting some sub-niche to cut down on volume.

-Paying the creators. Of the service and the content creators really. Not necessarily as big an issue as it may have been several years ago. Many mid or low tier fulltime youtubers can prettymuch tell you that they get their pay basically from patreon (or similar), sponsorships, erch and such rather then Youtube itself at this point.


As an actual competitor for universal video hosting, global availability, and unlimited space. That seems unlikely. More likely that it'll break up into specialized niches. Even going to Twitch, which is arguably the big competitor now. They prettymuch do games, kind of specifically. There's been other stuff on there and they're obviously experimenting with ideas. But they definitely exist in a niche, and they also have fairly strict moderations, particularly if you want to monetize your stream as a partner.