Do they not use your conversations for targeted ads? This is news to me, and surprising.
* Record audio if the app's killed completely
* Record audio with microphone permission disabled
* etc.
All of which have been claimed.
The far more likely scenario is that we're much more predictable than we think. Remember the target controversy when they figured out a teenage girl was pregnant before she had told her parents [1]? That happened in 2012. Imagine how much more advanced things have become since then.
1: https://www.forbes.com/sites/kashmirhill/2012/02/16/how-targ...
Does it use your private messages for advertising? It seems like "no" for now, but nothing is stopping them.