Prediction - YouTube = Google's Demise

I've been meaning to post this one for a while...

I have to say that I was stunned by Google's idiocy buying YouTube for an astronomical amount of money (what was it? $2b?). Is this a sign that the money hungry been counters are now in charge?

Google has always inspired because of it's ability to create wonderful web applications out of nothing: Gmail, Google Earth, Writely, etc. Yet it went out to market and purchased YouTube - why the sudden change of direction? Worse, it's hardly a unique idea - proven by the vast number of competitors in the market - and worse, it's vapourware. YouTube is only fashionable - it's not going to be a long-term product. What happens when the next YouTube hits the market? Google will be left with a $2b dead duck around its neck.

Worse, it now appears to have become a target because now there's someone to blame. Previously, valuing YouTube was difficult so there was really no-one to sue. Now Viacom et al have an easy target - one of the biggest tech stocks in the market!!!

So, will this really bring Google to its knees? Time will tell I suppose...