To accomplish great things, it was believed, those leaders have to take the reigns and direct the commoners or else they would tear themselves apart in anarchy. A great many of the upper class still believe this to be the situation (which is partially psychological self defense, believing that they were simply lucky would lead to many feeling very bad about having so much more than almost everyone else). While something like YouTube becoming a way for tons of people to make a decent living, and that becoming the dominant means through which media is created and consumed, as opposed to centralization of media production and consumption under a handful of more directly controlled companies sounds like a renaissance to most people, to them it sounds like outrageous stupidity. It sounds like letting the rats chew through one of the pillars holding our society aloft.
And I suspect that they want to make money even more than they want to reshape the culture into the image of what they think it should be...
Therefore culture shaping and profit are not mutually exclusive. On the contrary, they both reinforce each other.
>And I suspect that they want to make money even more than they want to reshape the culture into the image of what they think it should be...
Groups often do this to secure future profits at the cost of current profits. It would be to the advantage of YT to reduce costs by funneling as many users as they can to the same result, allowing for the reduction of dynamic elements within their structure.
It could be that they are juggling total lost customers with a total cost of operation and trying to achieve a more profitable ratio with cheaper/easier to substantiate channels/results
tl;dr : Google would be cheaper to run if there were only 20 results. Google would be #1 if they could keep their current audience happy with that style of operation, due to the disparity in income versus outward expenses.
Maybe some group of psychologists is discussing what channels to bar next that won't hurt the bottom line...
(but, like I said in the beginning , I doubt it very much -- it's just a fun exercise to imagine why they would want to destroy content)