Content id is actually a pretty good solution tho. Copyright holders do get paid ad revenue, and when u post a vid of your daughter's wedding with Kenny loggins' copyrighted music playing, it doesn't get removed. Sony or Universal or whomever is just gonna get the monetization. Seems like a good deal for both sides.

Edit: I didn't make it clear... I don't think meta is going to be paying or offering a revenue stream like YouTube ended up creating. I also have no idea if YT actually brings in money for those groups and if the copyright holders essentially took what they could get or were happy with the deal so who knows.

It's only when other parts of the system get abused there's problems but that's a sep issue...