Yeah, they can still personalize somewhat based upon what other people in your area are getting as personalized ads. There’s an upside though, and that’s that by disabling personalized ads, you cut their income from you by as much as 60% since they can’t target you with stuff that will supposedly appeal to you. That’s why they sued apple, advertisers are losing hundreds of millions every year on that.

So you should disable personalized ads anyway out of spite.