That's correct. Also, note that Google's take down system is NOT a DMCA take down request. It does not satisfy the requirements in several places, and it is actually stricter than the DMCA.
Google is basically volunteering to allow people to issue take down requests without consequences; if it was an actual DMCA take down, they would have to
And yes, Content ID is another system entirely where Google pattern-matches uploads (and old stuff when they feel like it); when hits are found, Google tends to reasign the monetization to the "content owner" that registered with Content ID. Getting that money back has generally been impossible, even in cases where Content ID clearly screwed up (false positive).
If you're interested in the history of how Google has been using Content ID, there is an older discussion[1] from a few years ago when Google really started to abuse Content ID hard.
Google is basically volunteering to allow people to issue take down requests without consequences; if it was an actual DMCA take down, they would have to
And yes, Content ID is another system entirely where Google pattern-matches uploads (and old stuff when they feel like it); when hits are found, Google tends to reasign the monetization to the "content owner" that registered with Content ID. Getting that money back has generally been impossible, even in cases where Content ID clearly screwed up (false positive).
If you're interested in the history of how Google has been using Content ID, there is an older discussion[1] from a few years ago when Google really started to abuse Content ID hard.
[1] https://www.youtube.com/watch?v=bt1ubSVMwaw