The problem is a lack of liability for the content creators. Confusion can happen (such as particular renditions of a work who's basis is public domain information (IE a classical music score)), but willful lies should be punished with actual consequences.

Right now things are stacked entirely against one class of content creators (video creators). Additionally if I'm a public institution or someone else that's against having ads I can't control what happens during the contest period* (or so I've heard, it's never happened to me).

As someone that has posted a few 'how to do X' in software videos before, who believes that ads should be far more limited (like the old soap operas / PBS sponsors at the end of programs), I'd rather my videos were in 'hold on publishing limbo' while not under my control.