This method of stabilization is not a recent innovation whatsoever as it was a common technique used long before Adobe introduced Warp Stabilizer with Premiere Pro CS6 back in 2012.
Rather than using Premiere Pro’s built-in stabilizer plug-in, the TravelFeel’s video above suggests employing the object tracking feature of Adobe After Effects as a viable alternative to compensate for the camera shake in your shots. Fortunately, there is still a last-resort method for those occasions when you’re in a pinch, or you just need to stabilize your shot no matter what. This mishap is usually due to the camera shake being too extreme for the effect to handle or a lack of image detail, causing the filter algorithms to incorrectly compensate for the camera move. What’s more, there are some instances when the filter ends up making your footage look even worse than it actually was in the first place as a result of the applied warping. Even though the Warp Stabilizer in Premiere Pro CC has saved the lives of many video editors throughout the years, the results using the plug-in are far from perfect.