The title claims ad blockers will be disabled, and that is just not true. I would bet actual money that adblockers will continue to be available.

The functionality available to adblockers will change, and they will definitely have less flexibility. But nobody would say that Safari doesn't have adblockers, despite having a similar interface.

The "Google authorized updates to blocklist" bit looks like an even more blatant lie. Dynamic blocklists that aren't updated via Chrome Web Store are supported:

https://developer.chrome.com/blog/improvements-to-content-fi...