Just throwing in my 2 cents here.
A lot of people might be overthinking this or blowing it out of proportion. No videos are being taken down, and we're all still able to say what we want and what's on our minds. Just look at DeFranco's video, it's, ironically, also being monetized. The only thing that's being regulated now is whether or not ad providers will want to allow their ads to be played on certain flagged videos. It just means that "drama channels" and shock videos that portray or talk about controversial topics will be closer examined and deemed worthy or not with specific companies to allow their ads to be played, another company might still allow it.
This started because more and more vloggers and youtubers have been making more lower quality clickbait videos that only start arguments over the internet, and people trying to become viral on the internet by saying things that are aimed to upset everyone or doing something that can potentially harm and/ or disturb viewers, and that's a bad image for the companies that have ads playing in such videos. There are channels that basically specialize in spreading harsh rumors of other popular youtubers, instigating their dirty laundry that they try to label as "news" but is the youtube equivalent of reality TV and TMZ reporting, which, speaking personally, is not what youtube is for.
IF your video gets flagged for something OUT OF CONTEXT, like simply say "f**k" a few times as an expletive, then you can appeal to be able to able to monetize your video again, just like a false copyright claim on a video, as long as the context of what you say is acceptable. A lot of these systems are set up by the engineers and programmers, but are run by bots, so there will be false claims.
i.e., the last sentence of the very first paragraph alone is what's key:
"Advertiser-friendly content is content that's appropriate for all audiences. It has little to no inappropriate or mature content in the video stream, thumbnail, or metadata (such as in the video title). If the video does contain inappropriate content, the context is usually newsworthy or comedic and the creator’s intent is to inform or entertain (not offend or shock)."