Honestly, I do not expect most youtube "content creators" to get paid for making those videos. I only want those who are in it for the passion to make videos.

Will it result in vastly lesser free content to watch? Yes. I don't see a problem with that. I did not have Youtube growing up, I am sure we will survive without it. Maybe we will spend time on more productive things, than watching pewdiepie reacting to memes.