Capitalism (at least our form of it) requires consumerism. Consumerism requires advertising. You may think it's just an annoyance, but it's the foundation of our economy. A dissatisfied consumer wants more; a satisfied consumer doesn't.
Making as much money as possible off consumers is considered the highest business goal. Of course that leads to developing expertise in manipulating them.
So you saying that capitalism's current form is incompatible with an ad-free world? What's the downside?