Youtube, for so many years, was just too good. Yes, they changed the 5 star rating system to likes and dislikes and a few years later disabled dislikes altogether, but their algorithm mostly digs up interesting content and it just works for creators and viewers.
This might change soon. Their new strategy to disallow ad-blockers will frustrate a certain kind of viewer. Those who dislike surveillance and like open-source tech, those who use uBlock Origin and know why.
Just like a few years ago mastodon suddenly reached a certain kind of popularity, because twitter had their first big fuckup, maybe Peertube is next. It certainly is the most polished decentralized solution that doesn’t use a blockchain. Creators or fans could easily host their own videos, fans can watch it, without ads.
The problem is content discovery. I don’t necessarily need a crazy algorithm to figure out to watch but I need to see lots of content in one place. That currently isn’t possible with peertube