No, the difference is we're distributing devices that, at no effort whatsoever, strip out all the ads. An ad blocker is literally a few clicks away on google chrome to never see ads again. His analogy is pretty solid compared to that. It's
so easy to use an ad blocker that there's no reason not to, no matter how low impact the ads are. And no single user can make a measurable impact on a website's revenue through advertisements, so his actions don't have a direct content degradation impact either.
Of course, the collective actions do degrade quality. It's classical 'Tragedy of the commons' [1].
[1] https://en.wikipedia.org/wiki/Tragedy_of_the_commons