How YouTube handles variable network speeds

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Computerphile has uploaded an interesting interview with some folks at YouTube about how they break each video down into chunks, with different resolutions and compression levels, to better deal with variability in network performance. 

The technique is similar to that used by Apple, Netflix, Amazon and others, and is nothing new, but it's a good illustration what goes on behind the scenes to ensure the video you're watching plays back smoothly, even when issues out of the control of YouTube come up, such as network congestion.