I've eliminated all virtual ads in my life, at least, and I typically ignore in-person ads subconsciously. I don't have a cable subscription, I pay for every platform/tool I use, etc. I also run an ad blocker, though I try to be careful about making sure I'm paying for something that's valuable to me.
I don't really feel extorted. These things are usually services provided to me, services that probably would not exist without revenue, whether by ads or subscriptions.
I will say this: there are times where I feel somewhat disconnected as a result, especially when it comes to entertainment. Like, I saw Avengers: Endgame without having seen Captain Marvel first... because I didn't know Captain Marvel was being released. It didn't show up on any of my social media, I guess, or I missed it if it did.
Similarly, I've missed new seasons of shows I cared about. No political ads - sometimes people refer to local ads in casual conversation and I'm mostly lost. Stuff like that.
It's sort of eye-opening to realize how much information is disseminated via ads/media. I mean, it's obvious in retrospect, right? But to experience it, well, it's something.