Processes a personal information (email, id but also device info, location)
Processes "name, email address, telephone number or credit card to store with your [Google] account" (given by user). But also processes unique device identifiers, "details of how you used the service, such as your search queries, telephony log information like your phone number, calling-party number, forwarding numbers, time and date of calls, duration of calls, SMS routing information and types of calls, Internet protocol address, device event information such as crashes, system activity, hardware settings, browser type, browser language, the date and time of your request and referral URL, cookies that may uniquely identify your browser or your Google Account". Collects location, Unique application numbers, local storage, cookies. Those information can also be associated with information collected by Youtube (Google) partners.

⋅ Users should revisit the terms periodically, although in case of material changes, the service will notify
Generated through the annotate view

- The copyright license is broader than necessary
The user grants Youtube a worldwide, non-exclusive, royalty-free license that is sublicenseable and transferable, and that can be used without limitation for the promotion of the service, in any media format and through any media channel, provided it is in connection with Youtube, its successors' and affiliates'.

× Deleted videos are not really deleted
“Youtube may retain, but not display, distribute or perform, services copies of your content that you have removed or deleted. ”

+ They help you to deal with take-down notices
if you are the target of a copyright holder's take down notice, Youtube gives you a chance to defend your right in front of the jurisdiction of California. See section “Counter-Notice.”

⋅ You are solely responsible for your account
You are solely responsible for your content and the consequences of its publication, and solely responsible for keeping you account password secure. Youtube is not liable for any unauthorized use of your account, but you may be liable if this unauthorized use causes losses for Youtube or the others.