98% of live streamers don't make money! Live streaming destroys physical stores and employment rate

[@TheTektronik]

Just because one takes the risk does not mean it is going to get rewarded.

[@samsonsoturian6013]

These are the same people who buy lottery tickets when business startups go dry. They're all gamblers

[@Dnothnikt]

calculated risk? this is quote for loser being loser.

[@memorylane3457]

The experience becomes the reward

[@Gwanzan3325]

If they are streaming as a hobby, then it is fine. If they are sleeping outside because streaming is their main source of income, then that is a dream that needs to be let go

[@TheTektronik]

@@Gwanzan3325 and I've seen my share of people fail doing the latter.

[@akmalhafiz8763]

If there's too much people streaming, who's left gonna watch them?

[@richardbradley2335]

ive thought about that...i love warhammer 40k and there are creators who have never watched very popular creators.

[@lillyie]

there's a chinese quote that boils down to: men are working as delivery drivers while women are live streamers. while the men are taking a break they watch the live streamers

[@DuncanL7979]

​@@lillyiedelivery workers delivering food to live streamers and delivery workers watch live streams. It sounds like a sustainable economy 😂

[@kieragard]

There's a billion people there. They're not missing people. Well they are😂 but there's still plenty left.

[@RedRomanov]

Scrolling past counts as watching. Dopamine abuse

[@Ikusabe]

When you have a country of people taught to turn a profit by whatever means necessary, once outside entities start realizing they had been taken advantage of and start to stay away; they had no other choice but to cannibalize their own - because that’s all they know - turn a profit, whatever the cost.

[@martingrey2231]

Exactly.

[@yade5979]

sorry mate, which country are we talking about again? china? usa? uk? russia? what you said applies to all of them and many others

[@o0oGhsto0o]

​@@yade5979not really bud. The west has laws to prevent this at all levels unlike China. That's why our baby formula isn't toxic like it is in China. Or our milk products aren't a chemical mixture with no vitamins or nutrients in it as it is in China. Yes every govt is shady but China is one of the only countries that every single level of government, production, and manufacturing are all corrupt to the point you can't trust a single item sold in that country is safe. The only guaranteed safe items are the CCP food supply that the public has no access to. They will feed 99% of their country cancerous food but the officials won't let their families touch it.

[@profile1565]

​​@@yade5979 if you think american companies are similar to chinese practices. It shows me you are very crude and simple minded

[@profile1565]

​@@yade5979 do you know why so many people move to america and england and not china?

[@sinan2.71]

I don't know. Most people who post on KZbin have no intention of doing it professionally. They are just "sharing". But one out of one hundred people posting videos or doing livestreams is way, way, way too many.

[@jamestk656]

Did live streaming destroy the economy or is the destroyed economy driving the live streaming trend? It's probably more the latter than the former but you'll always have a few dreamers regardless of the economy.

[@marcelk3847]

Both.

[@thegeneralist7527]

Desperate people will do anything to survive.

[@hia5235]

It issnt a trend these people are effectively unemployed (I know Im a streamer also)

[@richardbradley2335]

@@marcelk3847 Never ending wheel of shit.

[@l33t007]

I personally know a YT live streamer who once was making 700k a month and less then 3yrs later he's lost it all. 99.9% of Livestreams do not save their money. I don't know if in China you can have IRA's or mutual funds but they are a way to make money off your savings. Sadly from what I've seen Chinese ppl don't really have any truly safe options for saving money, as now banks are freezing withdrawals and some completely shutting down. The Chinese stock market is even more risky then the normal stock market. Buying gold is like playing roulette. The real estate market is dead. So I don't know what that leaves as an option.

[@aaroniouse]

"The bitter taste of low quality lingers long after the sweetness of the low price is forgotten" -Vitaspelt

[@blabla22222]

This is quote was by Thorstein Bunde Veblen

[@UtarEmpire]

Folks are rightly concerned about smartphone overuse in the West but I cannot imagine that there isn't a colossal unwritten story about how smartphone overuse has utterly destroyed Chinese society.

[@thomasheuer1916]

There's nothing else for them to do.

[@Sarafimm2]

True so many don't have jobs.

[@raymondcaylor6292]

Livestreamer's are yesterday's food delivery drivers & tomorrow's food delivery drivers. I surmise the ones making the big bucks is the guy selling those round lightning circles, the tripods, high bandwidth phones, high-end sound equipment, and the rest of that junk they have.

[@00110000]

I don't get it. Are people really just watching ads all day? Aren't there more... interesting things they'd rather be watching?

[@damfacker1134]

You think china allows people to watch thought provoking media. Look at all the non offensive heavily censored media content here in the west e.g. comics, movies, books, games. It's so bland and boring and not very entertaining that's why they all fail and don't sell. Now take that as a base and dial it up to 200% and sprinkle ccp propaganda and you got chinese entertainment media.

[@enigmaticunknown2862]

That is depressing. So glad I've always pushed back against social media. Seems so toxic. Get a job and slowly build experience and a network was my goal after college. Getting rich isn't a thing, there is a reason for the 1%. If you are an influencer then you are a puppet for toxic corporations. All this is why everything is a scam. No one wants to work, they want to get rich quick instead of building a life worth living.

[@Minifutzi_o.O]

I only see the desperation for money, and that turns me off

[@seandoherty4236]

China seems like hell on earth. Each of these episodes show a deeper and more absurd level I could never wish on my worst enemy. What kind of demi-human would want to watch those videos/ streamers?

[@angrydragon4574]

@seandoherty4236 It IS Hell for anyone who isn't a member of the communist party.

[@enigmaticunknown2862]

I also want to know who the hell they are entertaining. I've never seen ticktok so it might look the same. Weird people jumping around or wearing odd outfit just doesn't seem like a good use of time.

[@piotrmajewski5978]

I also don't get why people watch it, but there is massive audience on Tik-Tok that likes this kind of entertainment.

[@midimusicforever]

There are too many livestreamers, not everyone can fit in the entertainment industry.

[@MarqueWitts1987]

3:47 He literally helped to create jobs.

[@mootytootyfrooty]

It's so fucking surreal

[@Charvo75]

The livestreaming business seems to be cutthroat. So many competitors

[@langhans156]

People always say that China is collectivist. I only see individualism at its peak.

[@SDeww]

all them chinese streamers sitting in teh stret next to each other is so surreal. dont they have a home they can do that at?.

[@THE16THPHANTOM]

reminds me of that streaming plaform microsoft bought and just down shortly later because they had more streamers than people watching. felt like jail cell for streamers who failed on twitch.

[@royrosete7085]

live-streaming.... rides....food delivery.... these are the only promising jobs to the ordinary citizenrs are also in decline.... government help is needed but ignored.... all they can say is thighten your belt.... pity

[@controllerplayer1720]

i saw the word "tighten the belt" in one of the video of charlie chaplin entitled "The great Dictator"..

[@AgusMulyandi]

Imagine when someone casually puts a rocket into sale on Amazon. That would be disastrous.

[@Jack-It-UP]

Sad story for young people.

[@shundi4264]

Just like in America and everywhere.

[@HKim0072]

I still don’t get it. It has to be the most inefficient form of shopping. Feels like it’s worse than going to a mall. Literally, seems like people letting someone else browse random products and showing them.

[@TennSingtsuan9697]

Shopping malls are for people who have times. If you work in a 996 environment, The mall isn't open when you go to work, and it's almost closed when you get off work. You don't have many options to take your time shopping.

[@enigmaticunknown2862]

How will you know what you want unless someone sits on camera and tells you? Young people today are pretty amusing.

[@enigmaticunknown2862]

@@TennSingtsuan9697 So they have stores no one can go to because they are all at work? That is an excellent business model. Silly stores here in the US just stay open so people can shop as needed. Well, I guess you have plenty of time to watch influencers show you 1 product at a time on your phones. Probably takes a month just to shop for the next month's needs.

[@HKim0072]

@@TennSingtsuan9697 Are these "influencers" mind readers? How the heck would they know what I need or want better than myself? Do they have some type of mind AI algo for every viewer? It's a worse version of the Home Shopping Network / QVC TV model.

[@WillockFlame]

​@@HKim0072i think that you can search the particular product that you are looking to find info of on the platform and then you will find streamers who are reviewing that product

[@axelfarrer4289]

Pros and cons of advanced technology / e-commerce / live streaming etc, ironically it is killing the economy - who doesn’t want an easy job by just working a few hours a day and make tons of easy money? So eventually, what’s the root cause of all these self-destruction problems?

[@angrydragon4574]

Advanced technology? Is that the new excuse that the CCP uses for plundering China?

[@DEEYANASE]

I’m glad that people look happy and lively.😊

[@humman007]

Nowhere in the world are social experiments as large and strange as there, and it's still accelerating and be more and more surreal

[@ryanreedgibson]

530k a day? That is quite a bit more than my 49k a month and know one other than my family and friends know who I am.

[@2packrm781]

17:03 'ouch' to the ppl.

[@MoveLove427]

The government needs to regulate the industry, so it doesn't have such a huge impact on brick-and-mortar businesses.

[@JorinT-u6y]

The Irony Walmart did the same thing in the US 30 years ago. I'm glad the same practice closed down Walmart. What comes around goes around.

[@gavinlew8273]

China is an evolving nation trying to find that sweet spot between extreme western culture, ancient Chinese culture and Maoist Culture.

[@nicholasreyling1278]

Wait 1.1 million views... 100 million likes... Something doesn't add up

[@mrkim5644]

This is QVC for young people.

[@l33t007]

Holy shit that is the perfect analogy!!!

[@idzookami3806]

I have a feeling it like 10 million people streaming with only 1000 viewer.

[@hansol-]

This is so funny 😂😂 there's no space between them. It's like traditional market.

[@Anton43218]

Were the 80s and 90s a better time in mainland China?

[@xhagast]

Maybe because there was hope because there was no hope.

[@jokh9992]

The 80s and 90s were when C hina opened it doors to the West and Japan to do business and allow a their people to go abroad. It's the beginning of their prosperity time that lasted for 30 years until 2020 when they spread the virus to the whole world.

[@patrickt49]

It wasn't better. People were just more optimistic because the economy was booming.

[@l33t007]

Ummm yes and no. Yes, as in the whole beginning of opening up, well fooling us into believing they were sincere in opening up. No, would be all of the 80:s and of course the Tiamem Square massacre, the persecution of Falun Gong and Uiers, increase in live organ trafficking/transplants. Honestly it depends on exactly what subject/area ie: economy, geopolitics etc to get a real answer.

[@jrkastl]

I thought everyone was lying flat. 😅

[@KuopassaTv]

Others tell you to do that so there's less competition. 🙂

[@ookammi]

you never know what form the dystopia will take i suppose

[@WOFFY-qc9te]

" Do as little as you need to take what you want ' China is killing itself, a very sad situation for all who live on this fragile planet.

[@surfside75]

100years without humans and you'd barely know we were here. 1,000 years and you wouldn't have a clue😂 Humans are fragile, Earth will go on❤

[@angrydragon4574]

Woffy, China isn't killing itself, Marxism is killing China. In fact Marxism has killed over 80 million of them.

[@dustintacohands1107]

Shiny huminerals must be mined

[@savagebeastking8703]

Live streaming has become the Chinese version of American idol. From the early 2000s

[@trajanz9557]

600 million livestream audience pool blows my mind.

[@SABONG07]

Try to search an orange and white cats😂😂😂 doing live stream mukbang with 90 millions live viewers 😂😂😂😂😂 🤭 china is wild 😜

[@robertbraden4454]

Did the singing streamer at the start pencil in facial hair?

[@jeromelang6413]

Any studies how much money the delivery services are making out of this phenomenon?

[@tedzehnder961]

Not only that but buying products on your phone is easy and addictive for some people who would not spend so recklessly. It`s better to take the time to go to a brick and mortar store to see and "feel" the product to make sure you really need it and the quality is good. 30 years ago in the USA shopping at home was a fad and some people could not resist buying junk whether they needed it or not, because it was so easy to do. It hurt brick and mortar stores but a lesser extent than it seems to be in China. USA consumers don`t just look for the cheapest price but quality and service and not some internet fad.

[@chinesesparrows]

Well less than 10% earn more than 10k USD per year there, the spending power per viewer generally low

[@HublyTrades]

Just like the youtube bubble

[@Baker68]

Very few people make anything, that’s nothing unusual

[@martinithechobit]

Thats sad.

[@Anton43218]

What song are you reffering to by "the promise"? What is it about?

[@raymondcaylor6292]

2:53 somebody please tell her......please

[@mulalobusinge]

Seen this vid somewhere else already different ai voice

[@gunhugger16]

Its like a fortnight sever where everyone is dancing...

[@l3eatalphal3eatalpha]

The reason that unemployment is high in the West is because it is necessary. It makes people fearful of losing their job, drives down wages as there is always a cheap replacement, and encourages people to work for nothing in order to prove they can perform a paid job. It is one reason interns often come from wealthier families and reinforces poverty and class politics. The whole system is based upon 'it could be you', which is true in the same way that it applies to a lottery. However, statistically 'it will NOT be you' so the 'winner takes all' culture is a failure for too many people.

[@josh09614]

This is the #1 nation in the world😂

[@peterpan4038]

Just because everyone can become famous, doesn't mean everyone can become famous. It's basically like buying lottery tickets. We could all win, but there can only be so many winning lots.

[@danver8433]

Maybe it's just a culture thing,but why would anyone willingly subjects themselves to watch ads for potentially hours on end?

[@theilliad4298]

Stabilized? Ok. 😂

[@Lucky55Blue]

Livestraming is the best.

[@controllerplayer1720]

if you have a charisma and knows how to deal with other people in and out of the internet..

[@EdibleDiarrhoea]

I find it rather interesting that as soon as you play a different music or no music at all when you show all these live streamers it puts it into perspective Pandering to just earn a buck (to just get by the day) is a horrific way to earn a living I would love to discuss the possibility of this profession actually carving out a permanent position in life going forward. I cannot imagine anyone doing this for their main job (for a lifetime). But it definitely explains the trend and why. Without options like "brick and mortar" the economy will definitely have to tilt to another speciality. With brain drain and just people tired of being oppressed. China will have a difficult time adjusting through each generation to the next. Imagine the two generations doing this and eligible for retirement. What will the cost be for the future generations to let them retire (most likely they won't and will have to work until they pass away)

[@georgegonzalez2476]

Ten million followers? Um, that's under 1%. Less than 1 in 100 of the population. Not exactly a landslide of approval.

[@chirazali2739]

So ccp's greatest achievement is to reduce entire society into a bunch of clowns

[@TheMrB]

Self absorbed, self centred, selfish.

[@assasin244]

'oww mah gawt'

[@Seagaltalk]

Very sad

[@EpicLoLs89]

Too many people in the world.

[@Ginasgusa]

All these simply created a bunch of lazy people who just want to get rich quick. Hard work is all forgotten.

[@fauz6239]

I’m sorry to ask this if it’s obvious but is it AI voices narrating?

[@inb4loss]

It's very weird to hear the tag line of how USA has a generation coming up of people addicted to screens that want to be youtubers when they grow up with CN population wanting to be studious jobs, but USA doesn't have anything like their open air stream rooms that go on in these big tunnels. It is strange. Maybe there is and we just don't see it though, because it's all in tents in USA lol. Who knows.

[@muireanne]

I feel like the closest thing are those KZbinr houses or Hype houses.

[@HKim0072]

Not giving the CCP advice, but I would implement a 20-30% tax on anything bought online. Commercial RE is way more important that online shopping for low end jobs.

[@gf5617]

Desperate mediocrity wholesale...

[@AaronBrown-xt5rl]

Lmao 🤣

[@Mikewee777]

I still do not know how to successfully generate income out of my botched youtube channel as some sort of influencer .

[@samsonsoturian6013]

And I thought KZbin was satuarated

[@GS-el8ll]

perhaps if they wore clown makeup they would get more views

[@TwinJalanugraha]

chinese and their love of money

[@tarstarkusz]

0:01 to 0:05 That is not The Promise.

[@michaelturner4457]

Slow news day.

[@cyberlord64]

Yeah... I wonder that happened to the Chinese housing market crash that would supposedly take down EU and US markets that this channel was talking about a few months back

[@hellogts]

All will be replaced by AI --> Apocalypse

[@Manx123]

Meh, what a stupid analysis to suggest live streamers are killing brick-and-mortar stores. Firstly, it does create demand, that is, people will buy products they would otherwise not have bought. Secondly, the audience for market and live streamers is totally different.

[@ganikus8565]

chinese are so funny

[@randolphbienmateo8174]

Only 98 out of 100 percent Livestreaming only 2 percent has profits

[@persimmontea6383]

"wake up to reality ...." You mean like in the US where so many adore Trump?

[@mattgretty]

*politicans in general.

[@enigmaticunknown2862]

It would be more biting if you say the people hear in the US adore Jesus and are willing to hang anything on the rear view mirror. Goes to show you people are dumb everywhere. It's just sad to see people believe in something that isn't real. Specially when they seem to enjoy it so much.

[@wdwadindwatri]

cringe af xd

[@johncimillo7860]

Li Jiaqui looks too Caucasian to look Chinese.

[@Doug-rv3nr]

the 80s were OP