I hate it.
What the forget happened to the "You" in "YouTube".
Now it's just "NewsTube".
Google takes suggestions from users about style and video changes. You can still upload videos, watch videos, and make money off of your videos via ads. Google hosts Youtubes on their own servers, pays their employees, and keeps regular updates for Youtube out of the companies money to host it for you. You shouldn't be complaining about how "youtube is taking out the YOU" when if they were taking out the "You", you sure as hell couldn't upload videos, much less make money off it.