Ad-supported businesses are an example of tragedy of the commons. They cause users to be product rather than customers. They make it harder for any other monetization strategy to take off the ground (it is hard to compete with "free"). Ads, and marketing in general, is a zero sum game with your resources being spent simply not to fall behind, just because your competitors are spending them (they are like lawyers and military in that regard). Ads enable and encourage parasitic businesses, like content farms and the like.
For the marks, I mean, users, ads pollute visual field, occupy mental space, create and encourage unhealthy habits.
Ad industry can't go out of business fast enough.