> I would add that if you hate advertisements, you can pay for YouTube Red or whatever they call it, and remove them. I think that's a good compromise: either you use it for free with ads, or you pay to remove them.
The problem with that logic is that people don't just hate ads, they hate and/or distrust Google.
People are not going to give money to a company they hate and/or distrust if they can avoid it. That's why it's important for businesses to not engage in unethical behavior/things their customers hate.
Of course, in Google's case (and peers), they're largely immune to market forces thanks to years of anti-competitive behavior. So the consequences of being evil/unethical/shitty/etc are usually minor or non-existent.
That's exactly why projects like this are good. Because it's the only way (a tiny subset of) consumers have (a negligible amount of) power to have an impact on bad business practices, since the usual "vote with your wallet" tactic doesn't work.
And if creators lose ad revenue because people use a project like this, well, tough luck. In the short term, some of those might make less money or go out of business, but if this ends up changing (or bankrupting!) youtube, it will ultimately help creators in the long run if it means new business opportunities once the monopoly is gone and/or some of that bargaining power goes back to the consumers.