Earlier quoted context omitted.
I think you may be overestimating the ease with which people can make videos, post them to YouTube, and have the money roll in. The relatively few who are really successful mostly had to/have to work pretty hard to create and promote their content. And there's still a huge luck of the draw ("lots of great channels with 3 subscribers and 10 views"). As for books, it really depends on what your goals are. No, you're ve…
Not overestimating the ease at which one can "make it", but the infrastructure exists to make it. That is lacking for other forms of media, which is why people aren't doing them anymore.
I just don't see recommendation engines/other infrastructure on YouTube as offering any particularly unique discovery and monetization mechanism vs. other media. If anything, it seems you're more dependent on the whims of Google than in the case of, say, an independent blog.