I would like to settle for both as Google does remove or demonetize unwanted content without valid justifications while still showing ads. I think youtube developed in a significantly worse direction for both content creators and users. It isn't the groundbreaking new platform for alternative content where the user decides what he wants to see.

Copyright law still needs a reformation. The incentive to allow preferential monetization of orginal content in exchange for making it public is probably more of a hindrance for digital content. In reality it serves large publishers that technically should play a smaller role by now, since content logistics are cheaper now. At least for the vast majority of creators.