I think it says something quite dark about our society as a whole that we have basically commoditised distress and are encouraging some people often themselves in dire circumstances to prey on others to the benefits of the middle men. I find these new pimps scarier than the old sort in that they pretend to have clean hands.
Personally, every time I decide "I'm going to check out this streamer's live stream" I always end up joining at some point where they're getting set up, they're taking a break, they're reading chat, they're eating soup... I've never actually tuned into a livestream I'm actually interested in.
Meanwhile, RTGame was one of the first gaming content creators I ever subscribed to, and all of his content is his twitch livestreams edited down to actually interesting clips or sections.
I'd say the audience willing to pay extra for that is very limited, especially once you move to lets say a very niche stuff, but oh boy they paid a ton. Live also means 2-way interaction, additional added value (and price).