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Do you realise how ridiculously expensive it is for Google to store all these videos? To be honest I'm surprised how long they've survived, without charging.
You essentially get unlimited free video storage using YouTube, yes I suspect 90% of it is crap. But it's amazing that Google still offer that. Running YouTube must be significantly more expensive than any other similar services like Netflix, YouTube, Instagram etc.
Well, guess what. Poor Google knew and should've thought about that before buying YouTube. Nobody forced them to.
Google can cry me a fucking river over their costs.
They've been profitable since 2015. I'm fine with some ads on the videos, they need to make money somehow, and I really like how they do give YouTubers a majority of the revenue.
However, many of their recent-ish decisions are incredibly greedy and disgusting, like what I mentioned previously, and the retroactive taking away your revenue if the system flags your video as demonetized after it already made some revenue.
Plus, instead of adding useful features for viewers and creators, they spend that money on fEaTuReD cOnTeNt and oH lOoK wE cHaNgEd ThE uI (read: We pointlessly moved stuff around, removed features, and made the experience take 1.5x as much resources as before)