Can we be sure about that? YT is owned by Alphabet, a publicly traded company. However, they have chosen not to disclose the financial statements of YT, thus not telling investors about profits or losses. Now think about it: if you had a cash cow that was making you a fortune, wouldn’t you want to disclose that to investors, make it public, so that your company (and the stock you own in it) is worth more? And yet they don’t do that, which makes me (and Louis Rossman apparently) think that YT is likely not as profitable as we may think, if it even turns a profit. The ad business, especially now, is not doing well, which coincides with YT’s crackdown on ad blocking. Why would that be? Probably because they are at a loss rn, and are truing to make that back by forcing users to watch ads.