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Re:Just How Much Money Do “Influencers” Make? by basseq on Monday June 18, 2018 @02:55PM (#17340713)
Ah ha! I think that's it. The denominator could be "people in the YouTube Partner Program", which means 4,000 watch hours in the previous 12 months and 1,000 subscribers. So this may be saying that only 3.5% of YouTube Partners make $12k+ from that program.

[1] https://support.google.com/youtube/answer/72851#eligibility

Re:Just How Much Money Do “Influencers” Make? by VectorLock on Monday June 18, 2018 @03:50PM (#17341138)
Is that what the article means? I wasn't able to find anything that explicitly states that but maybe I overlooked it. Would make the conclusions much more cogent.