Ironically, when I go to Peertube, all the content there is objectively low quality with extremely poor production value, little to no editing, and clearly done with the lowest of budgets.
The content airing on Youtube from the top ~1000+ creators is easily as good or better than the majority of cable TV.
It's often extremely high quality content, frankly.
And yes there are some Youtubers whose I have subscribed to and their content is often great. However it is not consistently great enough to pay for it just like cable TV. And that is just the top 1% of the top 1%. Rest is at best mediocre and often just grabage.
We're talking about business models here, we're talking about a whole industry, and you should realize that your opinion is worse than useless, it's actively harming your ability to understand and predict
If PeerTube wants to be a 0.00001% write off for radical CopyLeftists and "Hackers" to put up some low effort, low value, "good" content then so be it but to even bring up Youtube in a conversation of yet-another-tiny-site is silly, because that concept is not competing with Youtube and could never compete with Youtube.
As for PeerTube I don't care. Sadly video is currently expensive to host and only Google has the pockets to operate a site like Youtube. I won't pay for it and the day my adblocker stops working is the day I stop watching it.
Yeah, I can watch someone pour molten metal on safety glass, that seems interesting, but I wouldn't pay for it. It isn't that interesting.