The beginning of the end for the global video hosting giant? Not likely. However, for the last few hours (my current time is 12:59 CST) there as been an inability to upload content. The reports are coming in from multiple people all over the world. Here's what you see when you try to upload videos:
Here's the documentation that it was reported worldwide: http://outage.report/youtube
Stay tuned for more info.
(Update): The problem has been fixed!
i have been on it for over 4 hours and didn't encounter any such issue... maybe you should talk to your ISP?
Did you try to upload a video? It was playing videos...it was just not hosting videos or allowing users to access certain parts of their video manager. *Update...the problem has been fixed.
I believe they fix this fast ,is in there interest for users to upload.