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What exactly is "dumb" amounts of money? If by dumb, you mean enough for authors to get by, then you are probably in the minority. People love talking about how much they hate ads, and how, no, they're not cheap, they would totally pay for content. Let's be honest - internet users are cheap. They want stuff for free. And if site A starts charging, they will jump ship to site B, until eventually it's a race to the bot…
I guess I'm cheap then. I have no interest in paying any amount of money to read most of the things I read online. It seems to me that it's not so much that people are demanding this content for free as it is that people don't think it's worth paying for. It's not that I particularly wanted to see an article about the usefulness of advertising as it is that it's something to read on the bus. I would probably just loo…
There's some really valuable info on the net: medical research, good product recommendations, educational materials regarding hobbies and work, etc. I wouldn't mind paying for them(and i do buy some books), but most of these are free, or availble via places like sci-hub.
As for the rest, which is basically enterntainment - i can't imagine no good free alternatives for those - hey, there are many blogs from people who aren't professional writers who offer much better content than the pro media.
I wish there was a search engine focused on the best of those - i feel it would improve the internet by so much.