The problem is that Youtube's policy of aggressive takedown has enabled a massive abuse of the system. You can go and find many prominent YT creators complaining about their videos being taken down by false copyright claims. Literally any of us could go to a single channel, issue 3 copyright strikes and their channel will be taken down, with no regards to fair use whatsoever.

Moderation here isn't the problem. Youtube's policing has downright enabled censorship on the site.