this post was submitted on 31 Oct 2023
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This will definetly be a shot in the foot for Google, the beginning of YouTube's downfall
Finally some fucking space for competitors
Federation will be the only real option considering the massive storage and bandwidth requirements. Even then, once an instance starts to grow, they'll have to come up with some type of monetization strategy.
Even a low population instance will likely need many terabytes of storage.
I hope PeerTube gets better
Please yes, it needs a lot of better.
The downfall of YouTube is creators being paid more for their work?
They don't. In fact they get demonitised more and more easily for completely bullshit reasons. The majority of youtubers get paid through Patreon and in video sponsorship rather than from youtube itself.
Yes, these companies work exactly like that
That is exactly how YouTube works: https://support.google.com/youtube/answer/72902?hl=en