Adsense is a poor man's income, because it pays pennies, trashes the experience for your visitors and usually shows ads of your competitors.
Adsense forms "looks cheap" impression right away, it turns off the audience, devalue content, devalue any other kind of advertising, ruin potential relationships with advertisers and sponsors, results in inefficient decisions regarding your website monetization strategy and overall development, and that's without even getting into details.
If you're serious about your business, you must never monetize it with adsense. It's not only poor man's income, it's lazy man's income.
Going on about this might amount to derailment of the thread.
So I'll end by saying - every tool has it's prime function. A spoon is not a fork.
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