Does it mean YouTube stops inserting ads in your videos? As a viewer, that sounds pretty great to me. It sounds like they also stop suggesting your video to random viewers, which is understandable if they're not making money off it.
Surely the real problem is that ads are toxic, the ad-supported content model is toxic, and YouTube's automatic recommendations are horrible (see the recent article on terrifying race-to-the-bottom videos for kids: https://medium.com/@jamesbridle/something-is-wrong-on-the-in...)
Edit to clarify: yes, of course I realize that content creators need the money. I'm just saying that this is a bad system that often rewards bad content and punishes important-but-uncomfortable content. Unfortunately it's almost the only system in town. I would love to see e.g. Patreon rivaling YouTube in revenue.
Edit edit: and ads aside, relying on YouTube (Facebook, etc) to tell us what to watch is terrible. We should instead do our own crowd-sourced curation, aka recommend good things to each other. And we need to defend ourselves against the likes of Facebook and Twitter insinuating their own filters between us and our friends.