People On YouTube Make A Lot Of Money
finance.yahoo.com
finance.yahoo.com
In addition to what they make from ads, a lot of YouTubers will get paid to make videos that involve a product, etc. For some (most?) that is actually a larger source of income than the AdSense.
Also there are many many more than 10 YouTubers who are doing very well from their channel.
I've worked with many YouTubers (I'm Ryan's co-founder), and can honestly say that they are nice people who appreciate each other's talents and want to help others like them succeed. They have a very strong sense of community, and they all know (or at least know OF) each other. Of course there are a few who do nasty things to try to get ahead, but those are by far the minority, and generally don't do well in the long run.
In other words, there's no accounting for taste.
That being said i will not be tuning in to the annoying little orange again.
Conversely, take the app store as a content platform. There's hundreds of iphone developers who are breaking 100K. Granted, the skills required are different, but ROI on the iphone platform seems much better.
The article just observes the (almost expected) result.