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I've noticed older videos as well and often they're really good. Not everything new is better.

But it recommends me videos I remember seeing 5 years ago that just seems unnecessary

The point isn't to make you a more informed and well-rounded person, it's to keep you on YouTube so you see more ads. I bet "old favorites" that might make you feel nostalgic or have rewatch value (it's not a gamble, you already know it's good) makes a significant number of people stay longer.

It’s funny because YouTube preroll and midroll ads were what finally broke the camel’s back many years ago and made me install an adblocker

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