It must? No, it doesn't have to do a damn thing. It's a product from a publicly traded company, therefore it "must" return value for stockholders. That means more behavior that increases ad revenue. The author is out of touch with reality. Stop feeding your kids youtube if you don't want them exposed to youtube. It's a private service(youtube), not a public park.
Subject to the laws of the jurisdiction in which it operates, of course. We could - if we so wanted - pass laws to regulate this behavior. That is perhaps the best option, in my own opinion.
> It's a product from a publicly traded company, therefore it "must" return value for stockholders.
The dogma that it "must" return value for shareholders is not an absolute rule[1]; rather it's a set of market expectations and some decisions from Delaware (which have an outsize impact on business law) that encourage it. But it's not required. In fact, many states allow a type of corporation that specifically and directly allows directors to pursue non-shareholder-value goals - the benefit corporation[2].
> The author is out of touch with reality.
Please re-read the HN guidelines[3].
> Stop feeding your kids youtube if you don't want them exposed to youtube. It's a private service(youtube), not a public park.
This is the doctrine of "caveat emptor," essentially - that a consumer is ultimately responsible for all behavior. However, a wealth of regulation exists because that's unworkable in practice. The FDA and the EPA come to mind, but we also regulate concepts like "false advertising." Your stance here ignores the realities of life in service of ideological purism.
[1] http://web.archive.org/web/20190327123200/https://www.washin...
The vague "do something!" regulation push has all of the marks of a moral panic and all participants should slap themselves hard enough to leave a mark and repeat "It is never too import to be rational."
One thing that did make it through that was the ruling that mediums which lack said limitation like cable and internet don't have the rationale for that restriction and thus the censorship that weak minds had become accustomed to vanished in a puff of logic. This has been the case since cable porn channels were a thing.
By regulating YouTube you effectively regulate what /all/ platforms may push. It isn't simply that YouTube decides that "You know what we don't want to post that." - an exercise of their collective Freedom of Association but "The government doesn't want us to post that so we can't." You can't just deputize tasks to third parties and expect the limits on exercises of power to vanish. Otherwise we'd see hordes of private detectives as a work around to Fourth Amendment rights.
Said regulations on youtube would be a major infringement upon freedom of the press and speech. Not to mention it is logically equivalent to censoring your own press is whenever it fits whatever criteria they dislike.