I get the frustration, but I wouldn’t say YouTube is dead, it’s just much less forgiving now.
The old low-effort faceless model is definitely getting squeezed: AI voice, stock footage, recycled scripts, same thumbnails, same topics. Those channels are easy to demonetize because they don’t look like they add much original value, but faceless itself isn’t the issue. Channels with original research, strong editing, unique angles, real narration/commentary, and clean assets can still do well.
So yeah, random demonetizations happen, but the safer play now is building something that clearly has original value and doesn’t look like it came out of a mass-production template.