Maybe they should call it ScrewTube. If I were one of the many channel “owners” whose revenue had just been slashed 90-95% overnight, I might be inclined to call it that. In fact I'd be spitting mad. But then again, being mad at social media companies is almost the new normal.
In case you're not aware, YouTube has cut the throats of many popular YouTube content creators over what, it appears to us, is bad decision making and worse implementation. Instead of treating the disease – which is one of their own making – they're trying to cobble together a “fix” for the symptom. One which may well have many bad, long term implications – for everyone concerned.