YT Premium costs more than Netflix or Disney+. Quite pricey to get ad free Youtube videos and not as much content than normal streaming sites.
Google pays out about 50% of ad revenue to content creators, that isn't "almost free" that is many billions of dollars.
The fact is, Google takes on no risk and does none of the work of creating content, and takes a 45% cut for distribution, and is free to continue changing their terms to make things worse for content creators.
> In the end, YouTube takes a 45% cut of a creator’s Premium earnings, just as it does for ad-generated revenue.
https://vidiq.com/blog/post/youtube-premium-creator-revenue/