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RE: Can we trust peer-reviewed papers?
Your title is a misrepresentation of the point of the video however.
Did you notice I used the exact same title as the video? When I share content from elsewhere, I think that's the best approach so those familiar with the content may already know what I'm sharing.
But yeah, as others have commented, he was a bit hard on the pay per play (as he should be, I think) but maybe could have spent some time on how important open access to information is, if we can figure out a good motivational system to keep the quality high.
Then his title is a clickbait misrepresentation of the point he is making in his own video. ;)
Definitely, and he should be.
As I said above, there are plenty of examples of open access publishers with very high editorial standards. The issue is not with open access, it is with fraudulent journals.