18 out of the 30 stories on the first page do not depend on ads. That's good enough for me, even though many interesting things are lost.
The overall efficiency will go up as we'd save the overhead for ads, be less manipulated, can trust the information better ("is this an ad?") and a few shitty business practices will go away.
https://www.reddit.com/r/dredmorbius/comments/1uotb3/a_modes...
Rationale for information as a public good:
https://www.reddit.com/r/dredmorbius/comments/2vm2da/why_inf...
And from Hal Varian (UC Berkeley / Google):
http://people.ischool.berkeley.edu/~hal/Papers/japan/japan.h...
Why micropayments (even with repudiation) won't work:
https://www.reddit.com/r/dredmorbius/comments/4r683b/repudia...
The problem with advertising-financed publishing (from 1909):
https://archive.org/stream/commercialismjou00holtuoft#page/0...