Not sure how true it was, but there was a YouTuber claiming that their videos were getting entirely demonetized because too many of their viewers had Ad blockers enabled. So even though 75% of people were seeing ads on the video, Google was keeping that ad revenue, withholding it all from the creator because 25% weren’t getting ads. The claim the youtuber made is that this will probably predominantly impact creators with a more tech savvy / privacy aware audience, resulting in less of that niche content.

Anyway, this is anecdotal, but I wouldn’t put it past Google to pass the issue to the creators for the actions of their consumers, even though it’s not their fault.