It's all fine and exciting until YouTube pulls the plug on you and won't even explain why they demonetized your account. I've followed a guy for 7 years who had many videos with 7 to 10 million views(worth about 3000 dollars per 1 million views) who was screwed over by YouTube. He has only put up 3 videos in the last 8 months for less than 100,000 views each as he seems to have given up and his sponsors have all abandoned ship.
Yup. This is definitely a risk for any type of creator platform. Twitch has done the same thing, as has TikTok, and don't even get me started on the TikTok ban that is ripping away people's livelihoods by the government. It's so risky. I have no thing against the idea of this as a career, but I think far too many young people don't understand the risk that goes along with it. If a friend or family member asked me, I'd caution against it, or recommend doing it as a side hustle.