I see what you're saying but it's already a problem for them. 100% of videos coming onto the platform will be . Instead, the discussion we're having is where they should draw the line on what gets removed. Is it videos that break the law? Or videos that they deem inappropriate? We can vote to change the law, we can't vote to change their policies. Users can go to a new platform but there is nothing close to an equivalent competitor. (Name me one popular, full time content creator who did it without YouTube)
I don't like the sound of government interference at all, trust me. However when people are being silenced and demonetized because they hold political views that YouTube doesn't like I feel that it's necessary in order to uphold the users constitutional rights. Many experts have speculated that YouTube operates at a loss - is it fair that they gain market dominance this way and then flex their power to remove ideas they don't like?