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This wouldn't mean this type of content would disappear - for every single business producing such content there's a bunch of people doing the same for free.For some definition of "same" which may or may not mean "equal" (in the sense of quality, quantity, etc).
It brings to mind some rich people running for public office and putting forward the idea because they're rich they can't be influenced/lobbied or something. Or the general public sometimes complaining about politicians giving themselves raises: well, if you only pay peanuts you're going to get monkeys running things (more than already).
There is more opportunity for different types of people and channels to happen because the money allows people to recompensed for their time/effort. Free only scales so far when you have rent/mortgage, groceries, kids, a partner you may wish to spend time with, etc, to worry about.
> And then there's patreon et al.,
Except for MKBHD and Linus Tech Tips, all (most?) the channels I listed have Patreon, and still find it necessary to in-video ads because it's not enough.