That video is cute, but it ignores the fact that SSA is hyper-stable and is an excellent place to put the zero-risk portion of your portfolio, which is why (nearly) everyone likes it.
Dismantling it will not improve ROI averaged over the population, but will increase risk for everyone in the portion of their wealth that should otherwise be buried in a coffee can in the back yard.
The only people who don't like SSA are: ignurami and fools who don't understand bayesian distribution of risk; and brokers who don't care what your risk level is because they stand to make a mint by taking commissions off the top of all that money moving from SSA into everything else; and the political dupes who love brokers and laissez-faire and all that other nonsense that turns people into piggybanks for the Wall Street con men.
The video would have been better if it wasn't an attack on SSA, but instead was a comparison of selective investing styles. Or if it included risk instead of cherrypicking demographics and intervals. I can pick intervals where SSA outperformed every other long strategy, and demographic groups where it always outperforms individual investing strategy. Begging the question is a fallacy, and that video demonstrates it well.
I just hope the monkey didn't invest his pay with them.