This is not true and very bad math. There are four categories: 1. People who are willing to deal with ads and not install an ad blocker 2. People who install

This is not true and very bad math. There are four categories: 1. People who are willing to deal with ads and not install an ad blocker 2. People who install an ad blocker 3. People who are willing to pay for content 4. People who are willing to bypass paywalls. There are plenty of websites that are doing well based the first group and a few individuals and companies doing well in the third group.