The hosting of an unlimited number of videos of (almost) unlimited length at up to 8k resolution for an indefinite length of time is worth nothing to you? I'm incredibly grateful that there is such a vast video archive on the internet with such liberal terms for video uploading and playback.

And Google does revenue share with creaters. Heard of the YouTube partner program? Partners receive money per view from people who watch ads or have premium, and premium views are worth more.

They share revenues with creators, and enable them to have a massive reach by hosting unlimited amount of video for free.