Unfortunately, youtube while being utter bloated crap of a service today has no real contenter. Not even Vimeo can come near it. And we badly need an alternative, but having an alternative to video streaming site means serious infrastructure or getting people to embrace P2P which isn't easy.
I'm more than satisfied what DuckDuckGo offers me to the point where I already replaced Google with it, but replacing youtube is impossible task atm.
Another problem lies in the fact that even if contenter appears, it will be eaten by big players in no time. Google, Apple, Amazon, Facebook, someone will digest it and integrate it as their own service.
Too much monopolies going on in the digital world.