Earlier quoted context omitted.
This little bit of misdirection Google and Facebook have propagated about how much better the advertising you get with tracking is the slimiest piece of bait-and-switch in history. Seeing people repeat it like it's fact is testament to just how insidious it is. Targeted advertising is not designed to serve the viewer, it's designed to serve the advertiser. So advertisements you get are even sleazier than non-targeted…
Targeted advertising is not designed to serve the viewer, it's designed to serve the advertiser. Advertising doesn't help the advertiser unless it helps you. Showing you an ad for something you don't want, can't use, and would never buy, benefits nobody.
I, personally, have no issues with these platforms collecting my data and making money off it in exchange for their services that I use. But when they do the same even when Im not using their services or explicility expressing my disagreement, I'm not cool with that.