1) You don't have to permanently trust it, you can (depending on the rules) get out2) You also don't have to permanently trust it in the sense that, if you're paid in some token or cryptocurrency, unless the (open source etc) rules of the smart contract forbid/lock-in-period, then you can exchange that token, etc, for bitcoin (and then into fiat currency) or directly into it
3) Yes almost 6 years ago there was a big famous hack of a DAO, of the first(one of the first?first really big?) DAO... Keep in mind hacks are always a danger: like your bank being hacked and losing funds; your credit union being hacked and your private personal info/social security number or such, stolen, etc. Plus this isn't 6 years ago any more, that is, the industry while far from perfect(nothing is) still has much more experience
4) First two minutes they include entrepreneur-worship type language but at 2:00 minutes and later they directly say how corporations are undemocratic, unfair, etc...they say it diplomatically but definitely, say it. So the nice thing about this video is it's not focused on technicals or how-to-make-money but on values/economics/democracy (probably 65%+ of the video's focus) and then they try to 'sell' the idea to any entrepreneurs watching that they might benefit from using a DAO structure for their next venture
5) I'm not clear on what the (nothing to do with sexuality, despite the name, but for Web3 developers) "friends with benefits" DAO...Better known examples are DeFi(decentralized finance) DAOs and my opinion of those varies a lot...some are high-risk lending to high-risk individuals and paying high dividends, etc..others really do (somewhat)democratize access to credit.
I think most DeFi as I've just described are not DAOs...the ones that are DAOs, my sense is I'd rate them as anywhere on that spectrum of bad to good that I just outlined...
Off the top of my head (I may research more before posting to full lists) I can imagine a DAO for anyone whose work is entirely online or nearly so... Software engineers/programmers; electronic artists etc..and the DAO uses funds to market/advertise all of their skills, this sort of co-operative of independent contractors..and then the hard wired rules say how the funds are split; the rules could be 100% equally no matter how much work someone does/doesn't do (probably not a good idea) or 98% of the funds go to the person who did that contract, 1% split evenly among all worker-members, 1% for overhead(servers to run blockchains the DAO may use, e.g.)..probably not worth creating a DAO if it's 98% private...or third option, some numbers in between.
DAOs may let people in a local community pool funds to buy unused lots for development for low income (say 3D printed :-) housing, is another off the top of my head.