YouTubers is now earning ten billion dollars a year!
YouTube’s popularity, revenue, and people’s affiliation. It earning an estimated 10 billion, compared to YouTube in the United States in 2020 alone. Created so many opportunities that the equivalent of 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 than a Western background. Second, there are extremist videos and information, and third, YouTube’s algorithms are not working properly.
Despite lockdowns and unemployment, YouTube earning grew in 2020 and grew by 14% in 2019. YouTube added more than 20 20 billion to US GDP in 2020.
From the YouTube model, Instagram, TikTok and other social media apps have also started several programs to make money. On the other hand, in response to the popularity of TikTok, 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.