I remember back when people put stuff on the internet for free because it was fun and they enjoyed sharing. I suppose the need for compensation has truly destroyed every good thing.
Even with significantly less stuff there was more stuff than you could ever consume. In addition, the cost and barriers to hosting static content have fallen quite a bit since then, and the percentage of the human population that has access to the internet (and can thus participate in creation) has risen dramatically. An ad-free internet would not be starved for content.