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Fraud is also bad, even if you aren't fond of those being defrauded.
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Fraud that destroys market trust in a market that mostly deals in surveillance and selling intrusive data that was collected mostly unknowingly from the subject seems great to everyone who has any amount of integrity.
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It'll be a marginal effect, but fake clicks impacts the ad buyer, which then impacts their financials and pricing.

The only winner here is the scammers running the fake affiliate sites on which these sticks are "clicking". Or, am I missing some facet of this enterprise?

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What this misses is the person buying the TV stick doesn't care about the impact on the ad market. The bigger problem is residential proxying, because their IP will end up getting used for something bad.
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Another winner is the person who gets to watch cheap digital TV, without putting together a usable antenna and limiting their reception to the broadcast channels that are nearby.

I mean: They just pay the money, plug the thing in, push some buttons, and: TV happens. Right?

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You really don't want fraudulent clicks ("invalid traffic", per industry lingo) coming from your home network, because any publishers (apps and websites, per normal-people lingo) who use tools designed to block invalid traffic might start flagging legitimate traffic from your network.
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Can confirm. I used to use Ad Nauseam (Firefox extension that clicks all ads), eventually stopped when I was getting captcha'd left and right.

Also, visitors on my wifi started getting strange ads. Yes I threw off the algo, but I'm a guy with wife, I'd rather get car ads than like divorce lawyers + gay dating sites.

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Theres the question of whether or not the fraudulent advertisement clicking is using enough traffic to inconvenience or impose fees upon the user but otherwise I agree with you and am tempted to buy one just to fuck with advertisers.

Backdoors and spying are also a problem in theory except at this point you can't even trust "legitimate" companies on that front so it's a moot point.

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> otherwise I agree with you and am tempted to buy one just to fuck with advertisers.

How that actually works in practice is that your favorite sites make less money and your IP gets a bad reputation so you CAPTCHAs or outright blocked. There’s no “sticking it to the man” here, just contributing to the frictional grind making the internet worse for ordinary people.

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why is running a proxy a bad thing? someone profiting off it could be bad maybe, but even that is good if it pays for my subscription.

but compare running tor nodes, and especially exit nodes. that surely would be a good thing, so at least if you think tor is good then running a proxy should be the same and it should be normalized.

doing it in secret without the user knowing is what's bad

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https://lwn.net/Articles/1080822/ Do you really want to be a part of the scraper problem?
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Because your home IP address is going to be associated with criminal activity. So if that’s acceptable “payment” then I guess there’s no issue
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Indeed without my permission is implied. Without it, you have no idea what traffic is being routed and could be on the hook for something nasty like CSAM.
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Those are different issues. Permission doesn't mean you know what the content is, and lack of permission doesn't mean they're going to load anything weird or bad. Lack of permission implies worse ethics overall, but an operation focused on clicking ads will be loading relatively normal sites.
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