If you trust Google. I'm fine not giving money to an unaccountable, amoral megacorp and hoping they'll give it over to people making videos. More than half of the channels I watch are demonetized anyway (nothing salacious, just history stuff like The Great War).

Fundamentally, it's my computer, so I get to decide what it does, including whether it fetches and displays ads. If someone's business model revolves around me voluntarily doing something I don't want to do, that's either harmful or just a waste, that's not my problem.