AMUSING, INTERESTING, OUTRAGEOUS, or PROFOUND
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In many ways, yes absolutely. By being a mindless consumer "just buying a product", you leave it up to the balancing of the economy to determine if that is a wise decision or not.
Last I checked, giving a rich person even more money is always a stupid move.
I'm not a mindless consumer (aka sheeple) for making a decision someone else doesn't approve of.
The alternatives to YouTube Premium are
Ads: won't happen
Ad-Block: won't work (anymore)
no YouTube: there are no great free or cheaper alternatives
The end of YouTube would not be a terrible outcome. Instead of a worldwide monopoly on DIY video, new and perhaps less evil options would have a chance.