No one's arguing that the targeted ads don't make more money. We are arguing that the extra value from the ads is not worth violating everyone's privacy.

A quote I heard recently is "Some of you may die, but it's a sacrifice I'm willing to make." That's what the tone towards small businesses/websites in relation to GDPR sounds like to me. I can't understand valuing this right to the "privacy" of not having your (often anonymized) identity tied to a marketing profile so much that you'd rather some free small websites no longer exist and others move to subscriptions.