Youtube, the product, maybe makes more money. However, Youtube, the community, was much better initially, which I suppose can be expected with most communities as they grow.
Bad actors creep in, which creates new rules, which negatively impacts the whole, which causes resentment, which causes more bad actors, which lead to more rules, and before you know it, review-girls don't seem so bad when your feed lands on terrorist-mickeymouse and the syringe babies.
Youtube only existed publicly for around a year before being acquired. I don't think it supported comments on videos. Whether or not YT's community was better early on (which like, I'm not even sure is true) is independent from whether its acquisition by Google affected that community, because YT was acquired basically before there was any chance for a community to develop.
Bad actors creep in, which creates new rules, which negatively impacts the whole, which causes resentment, which causes more bad actors, which lead to more rules, and before you know it, review-girls don't seem so bad when your feed lands on terrorist-mickeymouse and the syringe babies.