"Content creators" (assuming by that you mean those who are trying to make a living off the platform) are mostly irrelevant.

Youtube's main source of revenue is ads which they serve regardless of whether the uploader is taking a cut from the upload or not. Most users have always and will continue to upload to and consume from youtube without the expectation of making money from the process.

So, yes in general users have historically been more or less satisfied with the deal: watch ads, get free video platform.