The risk seems to be mostly for small upstarts. The big YouTube players (with the 100's of millions of fake views) are doing fine.
A case in point, if you compare the list of 20 most pirated music artists to the list of 20 most played artists on YouTube (Musicmetric released the stats for both), half of YouTube's top 20 stars are not pirated. People just don't want their music, period, their stardom is smoke and mirrors with BILLIONS of cumulative fake YouTube views clearly provided by someone. Who, BHW sellers? I don't think so. At the rate of 5000 typical views a day offered here, a billion of fake views would take 548 years, my calculator says. The only outfit who can deliver a billion fake YouTube views with ease is... YouTube.
Ah, but how to make a billion fake views added by YouTube at the push of a button look legit? Bust a few small time competitors who get 1000 fake views elsewhere, like, on Fiverr. Et voila; now you see what the scoop is with YouTube. HTH.