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The Demise of YouTube?

Mark Cuban’s completely correct in his analysis of YouTube, and why things can’t go on. I know that there’s this DCMS takedown setup, but how can a system that’s chock full of copyright material, and reliant on it for page impressions, not be responsible for itself? It’s really not the same as providing webspace.
I’ve argued this before and I’ll argue it again. Oh, and Google’s pretty much in the same boat.
[UPDATE] Is this story, at the moment with Warners, the way out for YouTube? Somehow, YouTube is going to identify if the music included in your video is copyright using some software they’re working on, and then it’s going to somehow share revenues with Warners. Is this ad revenue? We’re talking about?
Quite how this works with remixes, mashes, visually copyright material and much more, I don’t know. But it could YouTube’s way out of a sticky situation.

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