Help:Visual file markup/basic mode
This is the default presentation of an image in basic mode. The full size image disrupts the flow of the text, making the page unattractive.
The image now sits nicely in the text, but is very small. Inline images are best for images that look good at very small sizes. For that reason, and because it disrupts the flow of the text, inline images are not used often on Wikipedia.
This image has a horizontal alignment specified, which takes the image out of inline mode, and in this case, allows text to flow around the image.
This is the default presentation of a video in basic mode. This doesn't use inline mode nor does it allows text to flow around the video.
Adding a horizontal alignment does allow text to flow around the video.