Technology
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I think Google engineers drag their feet on this.
Like - Google's pre-installed corporate Firefox and Chrome both have ad blockers. Ublock origin is installed by default on Firefox (I can't remember what was installed on chrome, I only used it for the work suite/cloudtop and did everything else on FF).
Nobody I worked with at Google liked ads... But I didn't work at YouTube. So maybe it's different there.
But I suspect the engineers are doing it just to show management that they're doing something but it's half hearted.
Real efforts and real threats of it getting locked down, sure, but half hearted effort.