this post was submitted on 13 Jun 2024
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Blockbuster died because its business model was rendered obsolete by virtue of widespread adoption of the internet and the advent of streaming. And because it refused to shift its business model away from physical media distribution to digital. Let me know when they invent something that makes the internet obsolete, will you? Because that is what it will take to dethrone YouTube.
I think YouTube will eventually end up destroying itself. It's not a profitable business model to just run some ads. The amount of storage, bandwidth, and processing power a video host requires is massive.