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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
Ublock Origin is free.
The ads are not the main problem, the main problem is how the "personal ads" are chosen by harvesting and sharing all your private data.
A tracker blocker is a more suitable solution along with the ad blocker.
uBlock blocks most trackers already. Also using Fingerprinting protection via another extension or if you're on Firefox on its settings, they probably won't get much data on you with ads.
Privacy Badger does a good job blocking Facebook trackers.
correct, actually both together. dns blocking both trackers and ads will result in your profile never being harvested. It will still be there with limited info, whatever they have gathered from facebook scrolling, likes, chat and comments, but it will not be queried in order to show you ads.