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The stats listed, "less than 0.5% of users have more than 100 hours of highlights, and highlights account for less than 0.1% of hours watched" seem so braindead to me. Those numbers are so close that it seems like they are scrapping something at random in the name of pinching pennies, even though it will hurt hours watched.
It doesn't surprise me that highlights aren't as watched as *all other forms of watching*, but at 20% I'd say it is really good. But they also intentionally hid or didn't look at what percentage of watch time went to highlights of accounts that are over 100 hours. Marathon channels and speedruns go over 100 hours quickly... and they are easily more watched than most other highlights.