Lets take a look at the most successful Youtuber:
.....yeah, I'm good.
Like I said, I don't create youtube videos. I'm far too old, and don't think that I have anything substantial to contribute. That said, If Angry Joe or PewDiePie or whoever has found an audience that likes what they have to say, and has amassed it in enough numbers that advertisers want to court that audience, why should any of us be angry about it?
Personally *I* don't watch that stuff, but those simply aren't for my specific tastes.
Were I to create videos that spoke in my voice and sensibilities, and felt that there was an audience and industry that would support it, I would make and monetize videos as well. Does that mean I'm compromising my self-respect in some way?
I think the greater question should be, "Are we really looking at what we value as entertainment on a societal level"?
Say what you will about lowest common denominator entertainment, but a glance at, say, Polygon reveals that their juvenile Cooperatives videos does significantly better than their 'meaningful' video documentaries any day of the week.
People create what people continue to support through clicks. If there weren't enough fans to support for the PewDiePie, Hip Hop Gamers, or Angry Joes of the world, then the content wouldn't exist.
Self respect has little to do with that.