> Creators will then go back to the good, old fashioned model of hosting their own websites and videos

LMAO. Nope they won't. They'll go to tiktok or some other platform where you'll surprise pikachu face have to watch ads. Ads powers internet. Someone has to pay server cost at the end of the day- either pay with your dollar or your attention. There's no other option.

I don't watch any ads (they are all blocked). I don't pay for any subscription of any kind. I am happy to run my ad-blockers and to sail the high seas. I don't feel bad for trillion-dollar corporations and wealthy influencers. If Youtube dies because enough people do this, so be it.