Well, Slate Star Codex and its sidebar of ads was a good counterexample. I would routinely click through to find out more, because its ads were a) aesthetically

Well, Slate Star Codex and its sidebar of ads was a good counterexample. I would routinely click through to find out more, because its ads were a) aesthetically pleasing (they had a consistent style, for example) and b) highly relevant to my interests (because a very consistent type of person is interested in the ads on that particular site). To a lesser extent, I think the human-delivered ads given by the presenters of The Magnus Archives podcast were decent enough, though the algorithmic ones were predictably useless. It's possible to target ads to a specific audience by exploiting the selection effect that led to your audience existing. This doesn't favour general-audience communities, sure, but I'd honestly be happy with the answer "general-audience things just aren't how the future looks".