YouTube Algorithms Made Influencers a Career. Cofounder Steve Chen Explains | CONNECTED Money Talks

Influencers and trend algorithms didn’t exist back in 2005 — when YouTube cofounder Steve Chen uploaded the platform’s first cat video. Today, though, online content creation has grown into a multibillion-dollar industry.

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00:00 Intro and welcoming back YouTube cofounder Steve Chen
00:59 The first cat video ever uploaded on YouTube
01:41 Early experiments and viral video guesses
02:12 “Daddy created this”
04:00 How YouTube enabled full-time creators and new careers
05:41 Why every kid now wants to be a YouTuber
06:00 Have algorithms overtaken creative intent?
06:20 How YouTube’s recommendation system actually works
08:40 The challenges of algorithmic responsibility and “fake news”
10:27 Personalised recommendations vs universal suggestions
12:22 What Steve is building now after 20 years in Silicon Valley
13:40 Moving his family to Taiwan and staying long term
15:40 Can Taiwan produce a global disruptor like YouTube?
17:00 What Taiwan lacks compared with Silicon Valley
20:00 Taiwan’s strengths—and the missing links in its startup ecosystem
23:20 What Steve wants his tech legacy in Taiwan to be
26:00 Building bridges between Taiwan and global venture capital
27:01 Final thoughts and closing thanks

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