YouTube is now earning ten billion dollars a year!
SAN FRANCISCO (Reuters) – YouTube’s popularity, revenue and popularity can be gauged from the fact that more than 2 million people worldwide are earning a decent income from the platform, which is estimated to have reached 10 billion, compared to YouTube in 2020 alone. Has created so many opportunities in the United States that it is equivalent to 390,000 full-time jobs.
In this regard, YouTube has presented its report on the global economy in the context of the global YouTube partner. YouTube has compiled this report in collaboration with Oxford Economics. YouTube has said that we have made the hobby of many people their permanent job which is growing every month.
However, like Facebook, YouTube itself is also being criticized for having more of a Western background. The first is a pile of misleading anti-vaccine videos on YouTube that have yet to be removed. Second, there are extremist videos and information, and third, YouTube’s algorithms are not working properly.
Despite lockdowns and unemployment, YouTube grew in 2020 and grew by 14% in 2019. YouTube added more than 20 20 billion to US GDP in 2020. However, there is a lot of misinformation on YouTube that needs to be removed or removed from the algorithm.
From the YouTube model, Instagram, TikTak and other social media apps have also launched several money-making and making programs. On the other hand, in response to the popularity of Tik Tak, YouTube has also started encouraging the shorts (short video) option.
Some people have compared the revenue from YouTube to Hollywood, in which people can make a good amount of money with a little effort.