I would argue that not moderating content is what would make you lose advertising money: There was a huge push back from YouTube ads after it was revealed big a

I would argue that not moderating content is what would make you lose advertising money: There was a huge push back from YouTube ads after it was revealed big advertisers were shown on violent/extremist content, or videos about catastrophes ("Buy Kellogg's cereals!"... 400 killed in ____) ; YouTube has since improved their detection algorithm (even if it has more false positive, likely) to keep advertisers on the platform. It they didn't do this, the only alternative would be to WHITELIST advertisers, which would mean that nobody would pick you and only the big names would get revenue.