The problem isn't advertising in itself. The problem is that the law hasn't caught up (or doesn't want to catch up, thanks to corruption/lobbying by vested interests) with cracking down on large-scale non-consensual data collection (which we used to call spyware).
Ads are fine. The problem is that apparently ads don't pay enough and the advertising/data collection industry is engaging in unethical and potentially illegal practices of large-scale stalking (without informed consent) to try and get extra money.