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No its generally a copyright problem. Easier to overregulate as explained in another comment.
But the reason why YouTube overregulates is because of how massive their service is. They couldn't pay lawyers to check every single video, and they can't take risks of copyright infringement.
Do you have any proposed solution? It just seems like Youtube's nature make this a very hard problem to solve, it's not a copyright thing itself. I really can't imagine a solution. Having someone check every claim would be insanely difficult. But removing copyright all together would basically remove all incentive from content creators because anyone can clone their creativity and ideas with zero effort.
'anyone can clone their creativity and ideas with zero effort.' <- This is already happening.
I think a better solution would be for copyright claims to have evidence, rather than just immediately presuming guilt for the accused.
I really have no idea though. There's smarter people than me who have better ideas how this could work.