No, it's like paying the restaurant for the damn food. YouTube hosting all the world's videos forever is not a god given right, nor is being able to watch content people create for free.
I despise ads, absolutely despise them, but gladly pay YouTube the $15/mo to remove them because I know good content needs to be paid for one way or another. There's still a few channels that I like that put in ads during the videos and that's still annoying, but otherwise I never see an ad.
And this is fucking fantastic! Imagine if the web as a whole adopted this. (I know there are efforts including Google's) If I could pay $10/mo to get rid of all ads (explicit and implicit) and have that go towards the creators that I consume content for, then we'd be in a much better place. (imagine if FB just got a cut of that for example, how that would change the dynamics)