And since you won’t be able to modify web pages, it will also mean the end of customization, either for looks (ie. DarkReader, Stylus), conveniance (ie. Tampermonkey) or accessibility.
The community feedback is… interesting to say the least.
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IMHO, the problem is that the Web should not depend on ads. Ads are destroying the Big Web as this proposal shows. Although it may be a good thing for the Fediverse and initiatives like the Small Web.
Also there is such thing as a free launch, in a gift economy.
Let’s come back to reality, where everyone have to work for a living. Everything needs payments exchange. The advertisement is one of the payment alternative than, donation, taxing, funding, etc. Even gift, you should notice gift comes with company logos, a form of advertisement not so much different from digital sponsorships.