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now grammarly though is one of those great iconic names and you have tens of millions of people 40 million daily active users yes 40 million people who love grammarly
a much now that's a real decision you had to make very big superhuman is obviously a more expansive name okay we all want to be superhumans great it's a very aspirational awesome name when i heard that name from raul when he was starting the company i loved it they're not and i am a name snob i love that name
all right so we're launching uh three big things today we're launching a new company name we're launching a new product uh we call superhuman go and we're launching the new suite uh so each of them are are separate but they do tie together uh in an important way the company name we're changing from grammarly to superhuman
Patrick had these three charts laid out. And we sit down and he says, here's what I see. And he says, this is how much money YouTube is losing per year. And it was like hundreds of millions of dollars.
They're recognizing that, oh, our role is more similar to governments than it is to companies. And we are, we are beholden to multiple constituencies. And we sometimes have to make decisions that, that take into, take into consideration factors beyond your, beyond shareholders.
I think Susan and her team are doing a great job doing whatever they can, but the, you know, there is a limit to what, what you can reasonably do.
everybody knows that if YouTube feels more fair, then people are much more willing to participate.
the challenge with that question for YouTube is because this Farm League, Pro League thing, the best ones leave, right? And so, you know, what, what, what are the best, the people that grew up on, on YouTube, where do they actually make their money?
I think it's one of the things, it's still the case that YouTube is the only truly open platform out there that pays people money, um, at, at any reasonable level, um, and will pay just about anybody, uh, money.
I think Google generally stands at one extreme of that, that many of the things we did were like on the edge, better for the world than they were just locally for Google. And people have, have seen that, you know, you go map the world before anybody spent a lot of money on it before everybody thinks that's a, that's a valuable thing.
YouTube since replaced it with a thing they call valuable watch time
YouTube has this, uh, one of the things we built is famous ad product, the skippable ad unit, where you see the ad and you can skip it. We call it true view.
we said in 2012, I set a goal that YouTube would get, uh, a billion hours a day of viewership.
So I think Susan and her team are doing a great job doing whatever they can
everybody knows that if YouTube feels more fair, then people are much more willing to participate.
we now have thousands of people making their livings off this platform, generally doing something they love doing. Um, but of course now it's easy to look the other side of it and say the responsibility comes with it and the obligations come with it.
every business goes through three phases. First, you're a joke. Uh, nobody believes in you. Then you're a threat. Everybody's scared of you. And then you're obvious. And everybody just presumes what you're going to do is going to work and everything flips around and all you can do is wrong. And, you know, I got to YouTube when we were clearly a joke, like you said, as big lawsuits and so on. And I think I, uh, I was there and we got to lead it through that joke to threat period. And I think I le
the challenge with that question for YouTube is because this Farm League, Pro League thing, the best ones leave, right? And so, you know, what, what, what are the best, the people that grew up on, on YouTube, where do they actually make their money?
it's still the case that YouTube is the only truly open platform out there that pays people money, um, at, at any reasonable level, um, and will pay just about anybody, uh, money.
I mean, the analogy you drew there is one at YouTube used to call this farm league pro league, which is the YouTube is a wonderful to use the baseball analogy is a wonderful, wonderful farm league. I mean, so many musicians, comedians, you know, and all sorts of people that got their start there, there's zero wall to get, to get up and get spread and so on. And then one of the things that always kind of frustrated us at YouTube was we didn't, we never really did a great job with the pro league w
I think one of the challenges is these companies, the YouTube, Facebook, Twitter, it actually isn't, it is well aligned with their incentive to be known to be nutritious, not delicious. It's just very hard to do.
We had a person in Thailand who went to jail, not because of her video, but because there was a comment on her video that she didn't moderate fast enough. And it happened to be criticizing the king of Thailand.
There's no way to take hundreds of hours per minute that are uploaded to YouTube and do anything that is actually, can be held to a approval first test. Just wouldn't work.