I use yt-dlp for videos I want to keep a copy of, which are few and far between, and I use YT premium's download feature to queue up stuff I want to watch on my phone later when I know I'm going to a poor coverage area.
there's room for both solutions in my world.
But YouTube Premium, ad free, is wonderful. I bought it for my parents because they watch a lot of niche stuff. But now that I have it, it's worth even the crazy price increase (to like, $22/mo or something).
I like it better than Netflix/ Disney+/ HBO Max, as it's half entertainment, half educational (whereas the other streaming services are more entertainment and often doesn't keep me interested in spite of their catalogues).
Why do you get ads? I don't understand how there are people on Hacker News that don't use content blockers. Is is because of principle?
[1]: https://newpipe.net/ [2]: https://invidious.io/ [3]: https://ublockorigin.com/
If your business model only depends on ads you are putting yourself in a dangerous situation either way. For me ads always been a form of compensation, but nothing I was actively trying to milk most of it.
Today I run my own small niche ad platform. No tracking, no cookies, just jpeg or gif banners. In my opinion a completely ethical form of ads. And big surprise. That works too.