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this post was submitted on 18 Oct 2023
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companies enshittify themselves not to make money but to make more money than they did 3 months ago, repeat indefinitely.
If you didn't have to meet that metric, and were happy with generating a billion dollars a year and didn't have to make it 1.3B by next year, and 1.6B by the following, then you wouldn't have to shittify your product to do so.
So when people are like "oh but poor YouTube won't make any money if they make their product user friendly" don't mean they will make no money, it's that they will fall short of making 30% more money than last year and "only" make 10% more than last year.
(all numbers made up for illustrative purposes only)
That's your problem here. YouTube's revenue growth is less than 2% YoY. That's below inflation. Meaning they effectively lose money.
Where did you get that number from?
And Inflationary costs are taken into account before profit, so no, they aren't losing money.
YouTube is a public company, all numbers are publicly available.
the company is Alphabet, not YouTube.
Alphabet Inc. is a holding. YouTube is part of Google Inc.