Earlier quoted context omitted.
Ads are significantly more useful with tracking. Non-personalized ads are effectively spam and we would be better off without those entirely. Personalized ads can often be as good as the content you're looking for in the first place, if not even better.
Let's clarify - 3rd party tracking is the issue. Tracking me on your site is fine... it's expected. Spotify should build a profile of my musical tastes. But my profile on your site should be relegated to your site. Facebook not only tracks you off their site, they sell your information to literally anyone willing to pay. It's ludicrous that we've allowed this, and the EU is finally stepping in.
This is just blatantly incorrect. Please inform yourself about topics before choosing to comment on them. https://www.facebook.com/help/152637448140583