It hasn't, unfortunately, killed the internet advertising racket, it's just moved the ability to make any money from it much closer to the already-powerful. Are we going to see the great paywallification of smaller sites? Hide the content from AI and casual passers-by, restrict it to the paying community.

I'm not convinced that's going to be a bad outcome. Advertising probably won't disappear, but targeted advertising may work better by being able to target by specific communities, who are paying to be a part of that community, rather than invasively trying to ascertain your personality flaws by scanning your browser and all the devices on your network and keeping track of every online movement you make - it could make those things worth less (and hopefully worthless).