I don't think this is a fair summary of what the Product Chief is saying. When people talk about the YouTube rabbit hole, they're talking about watching video A, which links to B, to C, etc. until they reach content considered extreme.
This is simplistic, but say all videos are on a 1-10 integer scale in terms of politics. YouTube always recommends 80% videos that are on the same value as the currently viewed video and 10% are one value higher and 10% are on one value lower. It doesn't push anyone in either direction. Randomly clicking on recommended videos will randomly move you up or down (and usually not move at all). But, no matter where you begin, you can always reach either end in 4 clicks - cue people talking about the YouTube rabbit hole.
But hey, maybe it's not enough to merely prefer content that isn't extreme, what if we wanted to actively push people to the center? We could recommend 80% videos that are one value higher or lower towards the center spectrum (or the same is the viewed video is at 5 or 6), and 10% videos that are at the same value, and 10% towards one value away from the center. Randomly clicking on videos _will_ bring most viewers to the center in this system.
But we can still reach the extremes in just 4 clicks. This is why complaining that users can go down a rabbit hole feels disingenuous to me. They always will be _able_ to do so - unless YouTube never recommends videos that aren't more centrist than the video being viewed.
I suppose YouTube could just ban all videos that are at 1 and 10 in our spectrum, but that's basically just calling for censorship. And not to mention, 2 and 9 will just become the new definition of extreme.
Edit: many of the comment lead me to think that I haven't made what is and isn't in scope of my comment clear. Allow me to point out two things in particular.
1. YouTube already does prohibit hate speech. How well it enforces its rules is a valid point of discussion, but not what I'm talking about here. I'm pointing out that the ability to get to the extremes of what _is_ allowed on the platform through recommendations should not in and of itself be a point of concern.
2. I'm also aware that sometimes the recommendation are very messed up in context of the current video - e.g. shock videos getting recommended to kids. But this is more about trolls deliberately gaming the recommendation algorithm, which I see as a distinct issue from the alleged rabbit hole pattern of recommendations.