The problem with YouTube Premium is that it doesn't solve the tracking aspect of it. If anything, it gives Google validated identity & billing details about you which makes the situation worse from a privacy point of view.

I'm a heavy YouTube user and would be happy to pay for it. Yet, I can't do so without agreeing to their insane "privacy" policy and providing personal details to a company that has proven its bad faith countless times with all the dark patterns & invasive tracking.