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(hexbear.net)
On the road to fully automated luxury gay space communism.
Spreading Linux propaganda since 2020
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There's just an enormous amount of content, and an enormous amount of users. Even with fancy video compression, it's incredibly, wildly expensive. Afaik it still isn't profitable, nowhere near profitable even with premium and all the ads, it's basically subsidized by Google.
it might be profitable if they enumerated all the datamining they get from it, but there's a variety of reasons to operate at technically a loss