Yeah, the people who created the owl videos are providing value, youtube is providing value by making them available, the owl site is just leaching off of that to make a buck.
I really disagree. Some call it "aggregation," but I'm starting to call this layer "discovery." This very site, Hacker News, is a filter that is mere pointer to content elsewhere. (There are occasional "Ask HN," but most every post posts elsewhere).
Most sites and tools I use every day are filtering tools. Techmeme is another great example.
It is true that a purely automated owl video scraper wouldn't be as good and one that was even cleaned up for five minutes a day, but that wasn't the suggester's point.
Aggregation itself doesn't necessarily create value, but depending on what is done with the aggregation can create much value.
Google news is a good example, no one could really say that having all that article discovery and grouping was providing no value. Google scholar provides no content by itself but is very useful.
Even thoughtless aggregation adds value, if you consider successful sites that are nothing more than a bulletin board built around a user community that does the actual gruntwork. Putting things in context may be the "location, location, location" of the Web. You could say we're doing it right now, here on HN.
