If you have content people value but they aren't willing to pay for it, find out why. Maybe it's because you're charging too much, running too many ads, making it hard to cancel, or they just don't actually value it all that much. In YouTube's case, I would say that for the vast majority of content and the vast majority of users on the site, the content is worth approximately $0.00 to them, and the content is not so crucial that a few unskippable ads in a row will have most users just saying "forget it" and finding something else to do.
Yes, pointing a camera at a monitor is more work and worse quality than getting the original video with best-quality-possible [compressed] audio, but no amount of laws can prevent people from doing that if they really value the content highly.