Can I get paid for watching ads?

Excuse me, I came across a statement that mentioned the possibility of earning money by simply watching advertisements. Could you elaborate on this concept? Is it truly feasible to generate an income solely by viewing advertisements? If so, what are the specific platforms or mechanisms that enable this type of earning? Furthermore, are there any prerequisites or limitations that one needs to be aware of before engaging in this practice? Lastly, how does the payment process work, and what are the typical earning potentials one can expect from this method?