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Instead we get an almost unusable internet where ads take up more and more real estate.
Its even worse than just hurting usability. Lots of ad networks are not policing their advertising customers and malicious payloads have been injected from ads. So allowing ads is a security risk because of the lack of security at the various ad networks.
It’s even worse when you consider the entire point of advertising is to deliver a targeted payload at a very specific demographic. So you can target IT folks of a specific company, etc.