this post was submitted on 27 Apr 2025
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[–] [email protected] 35 points 2 days ago (3 children)

I think it’s running it at a loss too. But there’s no reason these platforms couldn’t be publicly owned.

[–] [email protected] 47 points 2 days ago (1 children)

It was, but monetization has been so aggressively everywhere that I think they finally are in the black at least since 2018.

[–] [email protected] 27 points 2 days ago (1 children)

I had no idea. You’re right. It was a $15B business in 2019. https://www.theverge.com/2020/2/3/21121207/youtube-google-alphabet-earnings-revenue-first-time-reveal-q4-2019

Makes the ads seem even more obscene now that I know that.

[–] [email protected] 32 points 2 days ago (1 children)

That only mentions revenue, we still don't know their operating costs.

[–] [email protected] 9 points 2 days ago

You’re right 🤦🏻‍♂️

[–] [email protected] 10 points 2 days ago* (last edited 2 days ago) (2 children)

Publicly owned by which government? Because I don't think YouTube's home of the US is really a good choice right now.

[–] [email protected] 3 points 2 days ago

I agree. I’m not thinking about USA at all.

As for the EU, we should fund a federated or decentralised system. I think it works well on Lemmy. For example I know not to trust feddit.org for anything related to Palestine. Content on other servers shows their pro-Israel bias.

I think a system like that could benefit the US to a point, at least until the government block all external news and commentary.

[–] [email protected] 1 points 2 days ago (1 children)

A centralized platform providing infrastructure could be financed using a tax on every internet subscription.

[–] [email protected] 4 points 2 days ago

That's actually not a bad idea, but who would hold that money? Elon and Ron DeSantis showed that anyone can just waltz into a government office and steal all their money.