YouTube absolutely does not lose money, are you joking? read the annual reports
we scale videos just fine with distributed storage
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They still make a profit even with all the ads I don't watch?
Have they managed to flip to profitability?
If so I'll amend my statement: ubiquitous high-availability video delivery is not sustainable without intrusive ads or even worse data harvesting and revenue generation from selling "customer" data.
Video is a really stupid format for most things. I am personally biased against it for a wide variety of reasons, and I openly admit that this colors how I approach everything on the internet.