I think we've kind of binned advertising into this category of "objectively bad manipulation that ideally stops existing." Probably because there is just SO MUCH JUNK ADVERTISING these days. But I think there's legitimate, win-win occasions for advertising where you get to learn about new stuff and be entertained.
Nobody can tell an honest narrative anymore. It's just different flavors of hustling for different people, who think their taste in advertising is exclusive or developed.
It is less about it being advertising, and more about the medium/how it is done. Those things I listed above are usually high-budget and high-effort. Regular TV ads are the lowest common denominator "bang-per-buck" type of advertising, and no one typically likes those.