I didn’t even think about the personal risk, which I do know because I run a lemmy instance. You hit the nail on the head, I either see it as:
Individual creators host their own, where they can host all they want, but there is no money to be made, in fact there is only money to be lost, so it’d end up being an insane amount of ads and sponsored content
Group servers like we have, but they’re only good until a tipping point to be honest, if they started getting a fraction of youtube content we’ll see them lock down uploads, and most will shut down if they get hit by one of the acronym agencies.
I love the fediverse, but I was a professional in the video world too, and video is heavy. Everything about it is crazy, take all the scaling problems and quadruple them. I hope peertube can find something that works