This is verifiably not true. The majority of the value I get from youtube aren't even by monetized videos.

This is just outright wrong.

The vast majority of all yt content makers do NOT pay the bills with ad rev but sponsors.

These platforms are sucking every penny they can from everyone at every step because number must go up. That is what they are suppose to do being public.

A private company like steam with a sub pay model where creators still can do sponsorship videos throwing out the attention algos would be a better product and still be plenty profitable.

Not all companies should be public and often the best are not.