YouTube Updated Their Terms of Service To Start Monetizing Videos for Non YouTube Partner Program

Apparently, this is only for countries outside of US, US has already had this in place since November of last year.

This goes into effect from June 1st. YouTube can start placing ads and make money off YouTube videos outside the partnership program (people with under 1k subs and 4k watch hours or people who lose monetization rights).

Also, it appears Google will pocket all the money generated, this means viewers see ads but the creators get no money for it