The adpocalypse had an obvious chilling effect on youtube, lots of channels closed as a result of this. And while you can repeal the demonetization, this takes time and even if its successful will remove 90%+ of the income from a video anyways (since most ad revenue is generated in the first day[1]). The arbitrary nature of YouTube's decisions have always made doing YouTube as a full time job really risky. A large number of gaming related video creators have already transitioned to twitch.

YouTube is 100% opaque, nobody knows why and when they are doing anything. Including things that cause a huge damage for people that make their livelihood on their platform. They clearly don't really know what they are doing, I hope there is going to be a viable alternative to this terrible company in the future.

[1] source: https://youtu.be/ULtjwGN2olM?t=373