Your post inspires me to look at it from a real-world analogy. If I imagine that online ads are the same as offline ads, I start to think about what offline ad tracking would look like. I imagine cameras being on the streets to watch me walk down the street, following me to different stores to see what I buy, with whom I meet, and other activities to inform which billboards/street advertisements should exist. I think about ads being not just on billboards and bus stands, but on the sidewalk, on every skyscraper, or even more functionally annoying, having to physically remove an ad to open a door to a building, or going halfway up the stairs to be hit with a physical ad that drops from the sky and stops me from entering unless I swipe my ID card.
I could go on and yet I think some points start to emerge. I'm OK with ads, I don't like the pervasive tracking. I'm OK with ads, I don't like them interrupting the functionality. I actually even like ads when I have some control over them, not them controlling me. Give me more options to choose which types of ads I want to see (not only don't want to see), don't track me to try to guess/manipulate which ones I want to see.
Lastly, I think in physical real estate, there are laws about who can advertise, where, and when, and I think in digital real estate, there don't seem to be those regulations and advertisements and ad-tracking creep more and more. While advertisements seem to be one of the best ways to grow income (i.e., more people viewing/more accurate audience = higher ad price), I think an ad does have a ceiling price and then once it hits it, companies start to make more ads, more intrusive ones, and more tracking ones.
I think more than anything, I want more agency over the process, and right now, my options for agency are often do nothing, avoid the site completely, constantly click on ads to say "I don't want to see ads like this" and end up seeing more ads tangentially like it, install an ad-blocker, or one of many other almost guerrilla-like tactics to gain some semblance of agency.