They are not targeted (everybody watching the video sees the same ad... for now). They don't invade my privacy. They are usually fairly short. They're usually somewhat relevant to the creator, and therefore my interests. Of course, it depends on the creator. Some have more integrity, others less.
If between Youtube Premium, Patreon, and sponsored segments or episodes creators can make a living, that sounds great to me. Better than TV, radio, or the increasingly expensive and ad-ified streaming services. I'll take it.
They're generally not low quality scammy products or designed to extract money or spy (with the exception of VPN ads, but that's a different issue).
I'm alright with them. I tend to skip them more these days because I can only hear about Brilliant and Squarespace so many times in a day
The amount of my life I save by using adblock + sponsorblock when watching YouTube is such a huge amount of time. Maybe I am just cheap, but I also feel it's a bit on the expensive side of things for what you get.
I do however still like to support creators that I watch a lot, so I'll use things like Patron, or in the case of Linus Tech Tips, Floatplane. I feel like directly supporting the creators I spend a lot more time watching makes more of an impact on supporting the content I enjoy. Creators don't seem to get much out of YouTube Premium viewers.