But the viewers are on youtube, and network effects keep the viewers from switching. So there's just a graveyard of failed youtube alternatives.
Even Youtube, for all its users and being part of an existing advertising company, struggles to break even (reportedly).
And sooner or later, any platform that becomes popular would have to implement a content ID system and and have to deal with ban/demonetization waves every time Twitter/journalists discover a new type of offensive content on the platform.
I agree that content ID is a necessary system in principle. Not legally necessary, but it's a system that solves real problems YouTube had before its existence. The problems with it are largely around YouTube heavily favoring recent content, while simultaneously having a support that takes weeks to even look at your case if you can't raise a twitter storm. They are trying to completely automate a problem that's full of subtlety and rife with abuse, and then don't give you any way to resolve it when it goes wrong. Other platforms don't have to choose the same path
I don't see how trust is directly related to that, it's a competing concern.
I wonder if there could be a meta-platform which aggregates feedback, cross posts automatically, etc.
It differs from Facebook because the kind of interaction assymetry.
I thought this was a good advice to take for a long while before a youtuber mentioned it, but I wasn't a content creator.
I think it's a good idea to have your own website as well.
Send out A/B newsletters. Group A gets a version which says a stock will go down. The B group's newsletter says the same stock will go up. Rinse and repeat. You are guaranteed to have a path to victory...
In other words, don't believe everything you read or watch, even if it is from a newsletter or youtube account with 100% success.
It's risky to be dependant on an App store, cloud computing platform, social media platform, payment processor, etc. They might change their rules, ban you over a rumour, or just quietly change their recommendation or advertising algorithms to exclude you. There aren't a lot of substitutes, and even if there were, switching can mean leaving behind users.
OTOH, you have no choice. All the opportunities are on these platforms, not just risks.
To be a youtuber, you need to be on youtube. Diversifying to other platforms is doing stuff other than being a youtuber is hard. You can't just take your users, revenue model and such with you. You could try also doing IG or OF, but in the same sense that you can also practice law on the side. Sure, it gives you security, but not in a portfolio kind of a sense.
But all actors are at the mercy of a few payment providers and their regulators.