I suspect that what people want with "No data collected" is too nebulous to be actionable, at $30/ month or any price. Youtube Premium is something actionable, "I don't want adverts". OK then, no adverts, done for the price.

If you try to take it literally it blows up immediately. Who aren't we collecting data about? We can't very well have data like login credentials for a user we don't collect data about, so...