It’s useless as a blanket statement, but not if you go in specifics. With enough public pressure targeted specifically at YouTube it’s completely possible they would add more controls, and is more reasonable than a complete ban of social platforms
I'm not saying that social media can't be good, or shouldn't exist, or shouldn't be able to make money. Early-YouTube and early-Facebook and early-Twitter (and their fallen predecessors) were good communicative platforms. I used them, and by-and-large thought they made my life, and society at large, better.
It's the data-mining and algorithmic targeting / feeds that need to be regulated.