

YT ads can be relevant to you based on data collected about you
They certainly can be but if there are 2 advertisers and one is the most relevant and the other pays them more money, which one do you think Google is going to show you?
The one that pays more because it’s an auction, but an advertiser that pays more for a less relevant ad to a user won’t be making as much money so there is an incentive to be more relevant.
Sad, but very true in my experience. I find even my friends who work in software engineering and have exposure to the bad sides of what technology can do, just don’t take any efforts to change. They addicted to Instagram, to Amazon, and everything else.