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That's the point. Now they take most of the profits from the content because they provide monetization and infrastructure. Once they are providing only infrastructure, they can only charge for infrastructure. They will still make money, but much less of it.

I'm less concerned with the amount of money flowing to YT, but the logistics. The hassle free "upload stuff, and if you're popular there's a button to add ads" model wouldn't work. The first interaction with YouTube as a publisher would be a form to enter credit card data.

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