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Yeah same. I was a super early adopter in fact, and paid for it back when it was called YouTube Red. But then in the wake of Elsagate, YouTube cracked down on a bunch of long-established good creators, cutting off small-time creators from any revenue, and introducing stricter algorithmic checks on bigger creators. That was the last straw for me, after years of them doing the wrong thing by creators by ignoring fair use and censoring valuably content. I cut off my Red subscription then and there, and started installing adblockers.
Today, I pay for Nebula to give back to some of the best creators on the site, as well as get some exclusive and early content.