YouTube is doomed. Doomed, I tell thee.
YouTube. Seemed like a good idea at the time. I’m sure Chad and Steve agree. Hell, why wouldn’t they? $1.65bn?!?! Not bad for an idea that started off as an easy way to share video files with friends.
Anyway, why do I think YouTube is about to shuffle off this mortal coil? The news today from the World Economic Forum in Davos, Switzerland that YouTube plan to pay contributors for submitting video files.
People have been spamming YouTube for a while now (the spate of “authentic” Steve Irwin death video clips is a good example) but introducing a direct revenue stream for people to submit videos is an open invitation to spam. Upload a crappy video of Paris Hilton which you’ve probably ripped off someone else anyway, create some imaginative anchor text on your MySpace site, maybe some PPC and voila – YouTube dollars in your back pocket.
I can’t see it working, can you?