What do you think most users click? The quickest and easiest option ("agree"/ "that's fine”) to get on with their day. That then makes consent explicit which is worse than the previous gray area
The same way that the legislation that abolished slavery was bad because it didn’t account for the prison systems leasing out unpaid workers leading to even worse conditions for black folk in the US?
People talk as if the EU should have done nothing, or that the rule should be repealed, the GDPR forced people to have a functioning deny all.
The real lesson here is that people would rather annoy their users for money than create good products. Its a case for regulation.
I don't care what the politicians intended. The outcome is no improvement in privacy but more annoying banners.