Is "funny" an emotion or a thought?

A loved one is spending a lot of time watching “fail” videos (like America’s Funniest Home Videos). I asked him how it makes him feel and he replied “it’s funny.” But I don’t think humor is an emotion. It seems more like an unconscious thought. I suppose the reaction of laughter might be a sensation like stubbing your toe, but laughing isn’t the same thing as “funny”. Thanks.