Here's a video by a youtuber about all this: https://www.youtube.com/watch?v=bm-Jjvqu3U4
I believe the idea of moving towards a more AI/ML based recommendation system is interesting because it frees Youtube from the burden of defining what is worthy of being featured (and featuring everything that's relevant to each particular user). In a way it could democratize content discovery. But I don't see it working as well as it could be.
I have a feeling that Youtube may want to be able to promote certain youtube "stars" because, let's be real, they are the ones driving revenue. But I chose to believe a world where content discovery is more fair is possible.
I will say that this has less to do with the shitty way subscription works nowadays. The idea behind that is: if users want to follow certain creators, they should be able to. Moving that towards a AI/ML system seems just inefficient at achieving that goal. I don't know the rationale behind the decision here.