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Youtube is definitely bringing back a profit to Google. Probably not huge, but definitely far from 0% return.
Now they did have to shove way more ads in there to make it happen.
Having an acceptable ratio between ads and a big media storage seems pretty much impossible, unless subscription based which most people can't really afford.
At least Google is smart enough to not put limit caps on video views or posts.
Youtube literally tried to limit 4k videos to paying subscribers but abandoned it(for now)
https://www.gsmarena.com/youtube\_turns\_off\_experiment\_that\_allowed\_4k\_playback\_only\_to\_premium\_users-news-56193.php
I don't think that's what they meant. I'm pretty sure it was a reference to twitter limiting the number of posts a user can see.
Though it seems google is going to limit the number of videos someone can see if they have an adblocker installed.
Well of course, the algorithm does that so YouTube doesn't have to lol