I'd gladly pay for YouTube without ads if I trusted that it would remain ad free, but the track record from various companies on this is not good.
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Ads are a violation of the sanctity of our minds. They are not entitled to our attention. It's not currency to pay for services with.
At some point some shareholder value maximizing CEO is going to sit down and notice just how much money he's leaving on the table by not advertising to paying customers like you. It's simply a matter of time.
Take a third option. Don't pay them and block their ads. Block their data collection too. It's your computer, you are in control.
If you truly have those beliefs the right moral action is to not use YouTube at all but god forbid you'd have to make any sort of sacrifice.