Depends, I am not a person that watches a lot of streamers - but if you end up streaming a blind playthrough of Disco Elysium, I am literally addicted to that.
Always ready to complain. All these things need to exist in order to gain traction. You need to have content and multiple ways to view it. Complaining that there's an additional way to view it is just unnecessary negativity.
If you think there isn't enough content, be the change you want to see: make it.
I'm not complaining, I'm stating a fact. Also, the argument "if you can't find the content you want, you need to make it" is stupid. I can go to YouTube and find content about sealing a concrete patio. I can't on peertube, so I need to figure out how and make a video on how to do it? That's stupid.
There is now enough interesting content that I find myself spending more and more time on peertube. The trick is finding it I guess. Sepia search does help but it's not perfect.
I've found that following the #peertube and #livestream hashtags on mastodon is a good way to catch a livestream or find people promoting their channel on fedi.
The problem is that it is just a fundamentally un-profitable platform for creators. Ads don't work (... period but also) because of the decentralized nature of it. Any instance/frontend that added ads would be shunned in favor of those who don't. And any video hosted only on a single "instance" would rapidly cost way too much if it ever became moderately popular.
Which means there is no reason for Content Creators to... care. So the best it can ever get is "early youtube". And people SAY they want early youtube videos but everyone is deeply spoiled by the difference between a video that was made in a week of after work tweaking versus weeks of full time planning and editing.
Which is why peertube in general is one of the "fediverse" products that... I feel really weird about. I forget if Floatplane/Weapons of Guntube/whatever use it or something they rolled themselves, but this really feels like the kind of software project that has the end state of getting "adopted" by a corporation and the major devs hired on as consultants.
Like, twitter (mastodon), reddit (lemmy), and even instagram (??) make sense to me and are very conducive to self hosting since... they are message boards and that is how we used to roll. But video is expensive and hard AND needs incentives to create "good" content for it.
I think you do bring up important points, and ads are indeed a de-facto impossibility (even though, technically, there's nothing stopping someone creating a plug-in that shows ads, the dynamics you describe would make platforms using it isolated quickly). I would add that, personally, I don't want to ever have PeerTube go down the ad rabbit hole, it comes with a lot of dynamics that almost make enshittification inevitable - although I heard some Fedi platforms had some success with very selected and limited sale of hand-curated advertisement spots, that really isn't scalable in the same way.
But while this makes PeerTube uninteresting to the really big players that want or need to maximise their income - I think there is still a lot of potential left. Two of the other big revenue streams are still available - sponsored segments in videos can work basically the very same as on YT. And Liberapay/Patreon/Ko-Fi are still available as well, with Framasoft mentioning looking into enabling better integration for services like it in the future. Another possibility I imagine could work, would be Nebula-like platforms utilising the technology eventually, with local content on the server being fenced-off to paying subscribers, but those registered local users still able to also reach the bigger, free network of videos in the Fediverse beyond that.
There are a lot of mid-sized YT channels, and channels not wanting to compromise on satisfying ad guidelines, that basically only make pennies from YTs normal monetisation strategies and completely rely on sponsoring and patrons. For those, PeerTube is a genuine possibility in the future, after more organic growth. And that growth will have to follow the usual stages of alternative platforms, with currently enthusiasts and hobbyists being the "moss and lichen" to enable growth of "grasses" in the future, to use a metaphor.
this really feels like the kind of software project that has the end state of getting “adopted” by a corporation and the major devs hired on as consultants.
I can understand the fear, but from what I know of Framasoft - if they were prone to sell out, they would not have "wasted" decades on their passion projects, and stubbornly delaying to do more dynamic, non-local, non-French marketing of their "de-google-ify" suite.
EDIT: Good exchange indicative of this I just (at the time of this edit) witnessed on Mastodon:
To be honest, I had the feeling it is lopsided the other way around at the moment: There are quite a few good and passionate content creators, lacking in an audience and interaction. I mean - sure - it does not have the amount of content of a big tech platform like YT, and not enough to binge watch stuff all day long, but I think lack of an active audience is at the moment more pressing - as is discoverability. If not using outside channels - like promoting on their Mastodon accounts primarily - or using places like !peertube@lemmy.world or !peertube@lemmy.wtf to discover things, a lot of worthwhile content right now flies under the radar. And that is excluding unofficial mirrors of YT content, which I tend to avoid.
On the other hand - I know lack of a mobile app has come up at several times in comments on there, and I have myself by now anecdotally heard from a few people wanting to try PeerTube and then being weirded out by the unfinished mobile app in ways that were unrecoverable. In addition, adding more know-how and codebase for mobile applications into the greater FLOSS ecosphere and Fediverse is good in its own right, there is a severe lack of it.
Yeah, that is very varying from instance to instance, I try to keep outright porn completely out of mine, for example, but allow non-sexualised nudity (within reason), both for my own server and content I federate with. Others, like peertube.wtf don't allow porn on their server, but allow it in the federated content. Others again just outright ban NSFW content altogether.