CEO of YouTube Chad Hurley announced today that the site services more than 1 billion videos per day. The announcement was made on the third anniversary of its acquisition by Google. YouTube has continually upped the ante, by offering longer videos with better quality. However, even the mighty Google has been unable to turn YouTube profitable. Google CEO Eric Schmidt has said “YouTube would become profitable at some point.” YouTube is a great way to kill some time, and these numbers provide a concrete measure of just how many are killing time.