How the creator economy destroyed the internet
Jimmy Donaldson, better known as MrBeast, has the most popular YouTube account with over 450 million subscribers, or a little over 1 in 16 people in the world. His success with high-production, high-output stunt videos have made him the aspirational model for independent content creators everywhere: the actualization of the promise that, thanks to the internet, gatekeepers no longer stand in the way of viral fame and the riches that supposedly come with it.
Some might say that the extraordinarily famous content creators at the top represent the exception that proves the rule, but even Donaldson, no matter how agape his algorithm-pandering maw, can’t actually make money from YouTube. Financial documents revealed that the content arm of the MrBeast empire is a tremendous money loser — three straight years in the red, including a whopping negative $110 million in 2024. In fact, today all of those viral videos are just a marketing front for the real MrBeast business: a line of mediocre chocolate bars, available at your local Walmart. If the dream was that content creators were supposed to forge a new way to make money, the reality is that they’re relying on the oldest method: selling millions of people crap they don’t need.
In this series, The Verge dives into the ever-shifting, ever-fucked-up incentives that fuel the content machine across TikTok, Instagram, and YouTube. There was a time when the internet wasn’t constantly trying to sell us things. Now, what was once mostly contained to large commerce giants has encroached on every nook and cranny of the web. It’s eating the internet, swallowing the web whole and all of us with it. Maybe that’s why MrBeast’s mouth is always wide open.
JimmyJimmy Donaldson, better known as MrBeast, has the most popular YouTube account with over 450 million subscribers, or a little over 1 in 16 people in the world. His success with high-production, high-output stunt videos have made him the aspirational model for independent content creators everywhere: the actualization of the…
