You're acting like there is only one alternative, but what about blocking ads? That's win-win for everyone but the advertiser. And really that makes it win-win-win, unless you work in advertising or for Facebook/Google.
Win-win for who? If everyone uses adblockers you will have major unemployment. All small and medium businesses will shutdown as advertising is the cheapest mechanism to reach customers. Without advertising these businesses will have to rely on billboard advertising and TV ads. Both are extremely expensive in comparison to internet advertising. Don't bite the hand that feeds you. As simple as that!
What a load of beans. However did the world survive until these selfless internet advertisers came along to save small and medium business?
Instagram does a great job of personalizing ads to both products and the type of companies I like. I don't mind seeing these kinds of ads at all. I'm happy (in this case) for them to track me because it's much much, better than the alternative.