You’re wrong. Times are changing.
There’s flood of content fighting for audience. You don’t have to move your ass out of the house to go to library for a book. You don’t browse through lists of newspaper.
You just open your popular news portal and you immediatelly see 20 titles linking directly to articles.
In this flood of content, there are 2 things webmaster/blogger or whoever can do.
1. Flood the internet with more junk content and monetize the junk traffic (junk eaters are hard to target) with crap like Taboola.
2. Sit on your ass and figure out realy good content, sector specific and monetize the smaller traffic of quality seekers.
One quality seeker can bring you more revenue than 1000 junk eaters.