I appreciate the irony, but as a parent I can say that I much prefer my children on Netflix than on Youtube. (Caveat - there is more deeply interesting content on Youtube, but its pieces of civilisation flotsam to be salvaged from a river of shit.)

Plus your last paragraph I just don't agree with at all, ads for kids definitely has a huge impact, it was not just moral panic that made that regulated in the TV space many years ago. Youtube is so full of ads and undeclared (not that it matters to kids if its declared, and doubtful it matters much for adults either) product placement.