YouTube has a very interesting policy on content restriction; the way I understand it you can post videos about next to anything on it except advertisement videos for a product and/or service you offer (so no teleshopping channel here?) Posting copyrighted content can get your videos taken down (if the owner wishes to take action and your video is discovered) and (if you are a repeat offender) can get your Channel/Account suspended/taken down. The same happens if you post content with “18+” elements and don’t put an age restriction on the video. YouTube does not take any responsibility on the posted content beyond these means, its Terms of Service flat out state that it takes no responsibility for mental harm caused by viewing content on the site.
Privacy is another thing YouTube seems to have a hands-off approach to; beyond a few safety videos, the option to banish people from your channel and the option to make videos private and a few (optional) instruction videos aimed mainly at teenagers it does not offer much protection to you, videos can be found using Google (unless you made them private).
Finally, while you retain copyright of your videos, once you post them on YouTube, the service gains world-wide, free publishing rights to your content. So if we rethink the Twitter example, YouTube could produce advertisements using videos from its users even without getting their admission first.
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