Summary:

The host, Taskmaster4450, explains why he posts his videos on the FreeSpeak platform instead of YouTube. He has created close to 3,000 videos on FreeSpeak, while his YouTube channel has zero uploads. The host believes that promoting Web3 on Web2 platforms like YouTube has not been very effective in terms of gaining viewers and new users.

He argues that the early days of YouTube were not dominated by mainstream media or big corporations, but rather by user-generated content like cat videos. YouTube was later acquired and expanded by Google, becoming the leading video streaming platform. The host believes that rather than trying to compete directly with YouTube, Web3 platforms like FreeSpeak should focus on building their own content ecosystems and leveraging the data and transcripts from the videos to train AI models.

The host explains that the "attention economy" is a key factor, where the goal is to capture viewer eyeballs. While FreeSpeak may not compete with YouTube in terms of viewership, every minute of watch time on FreeSpeak is time not spent on YouTube, which can be valuable for the platform's long-term development. The host also expresses concerns about continuing to feed data to tech giants like Google, preferring to build up the content and capabilities of Web3 platforms instead.

Detailed Analysis:

The host begins by explaining that he has posted close to 3,000 videos on FreeSpeak, while his YouTube channel has zero uploads. He acknowledges that some may claim posting on YouTube could help promote FreeSpeak and Web3, but the results have not been very good.

The host then delves into the history of YouTube, noting that it was not initially dominated by mainstream media or big corporations, but rather by user-generated content like cat videos. He points out that YouTube was not created by the networks, but was later acquired and expanded by Google, becoming the leading video streaming platform.

The host argues that there is a philosophical difference in his approach to Web3. He believes that trying to promote Web3 on Web2 platforms like YouTube has not been effective, as the viewership and user growth numbers have not been impressive. Instead, he believes Web3 platforms should focus on building their own content ecosystems.

The host explains the concept of the "attention economy," where the goal is to capture viewer eyeballs. He notes that traditional media like television and movies have long understood the importance of this, with metrics like Nielsen ratings and box office revenue. The host argues that while FreeSpeak may not compete with YouTube in terms of viewership, every minute of watch time on FreeSpeak is time not spent on YouTube, which can be valuable for the platform's long-term development.

The host then delves into the importance of data and AI for the future of Web3. He suggests that Web3 platforms need to compete by getting into AI and having access to large datasets, including video transcripts, to train these models. The host believes that the content he has uploaded to FreeSpeak could be valuable for this purpose, as the platform has the ability to extract transcripts and use them to train AI models.

The host expresses concerns about continuing to feed data to tech giants like Google, preferring to build up the content and capabilities of Web3 platforms instead. He acknowledges that it is difficult to avoid Google's influence, as the company is deeply embedded in many online activities, but he believes that posting his content on FreeSpeak aligns better with his long-term goals for Web3.

Overall, the host's main argument is that rather than trying to compete directly with YouTube, Web3 platforms should focus on building their own content ecosystems and leveraging the data and transcripts from the videos to train AI models, which can be a key competitive advantage in the long run.