Perfect idea, the internet should only be for rich people. After all, who cares about the 50% of the planet that can barely afford a coffee? Or the millions of small businesses that are only able to survive because of targeted ads? Fuck 'em all, because people can't be trusted to use their own devices properly!
Poor people pay more for ads (as part of product price), and suffer more because of ads (from misleading advertising for shit products like junk food and drugs, to having certain out of reach lifestyles based on purchasing crap they don't need hammered on them and getting in debt). They also pay with having a worse media landscape, worse social media, and many more (not to mention the influece big companies with big spending budgets get).
People would also be better of without 90% of the ad-driven internet.
Plain text with no tracking is cheaper than coffee.