I'm minority as well, as I think that targeted ads are important for the Internet.
First of all, I think that ads in the Internet are important, it's a driving force. Without ads there will be no Internet with lots of "free" resources, everything valuable will be paywalled which is a problem for poor people and nuisance for the rest. That's already an issue for many information websites because of abundant adblock usage and those websites are paywalling their articles.
If ad is not targeted, you'll get terrible click rate for niche ads. So your advertisement budget will cost more and some businesses just won't work, as you won't be able to attract enough customers for reasonable budget. Another issue is that advertisement budgets are paid by customers and inefficient advertisement lead to higher costs of the end product.
It's basically like TV where ads cost a lot and small players just can't afford it. And that's because those ads can't be targeted.
Because of mentioned issues, I think that targeted ads are needed for the Internet, they're making world a better place in the end.
Google clearly tries to find a balance between privacy and ads targeting. And that's a good thing. May be FLOC is not perfect, although I'm not sure if it could be implemented in a significantly better way. But just disregarding targeted ads for me sounds like a wrong solution. What should be done is regulation of advertisement platforms which should be prohibited by law to track individual users and just use anonymized information, voluntarily provided by the user agent.
And those who don't like FLOC idea, probably will be able to use browser extensions to modify its behaviour.