> Do you feel like people are now aware that cookies are being installed, more so than before the banner? Do people understand that they are consenting to this?
> That is the law at work.
The problem is that's not what anybody, including the users, want. Nobody cares that browsers have cookies as an implementation detail. It's a ridiculous thing to use as the basis of a privacy rule. Does the user care that the site uses cookies to implement a shopping cart feature? Does the user not care that the site is tracking them without cookies using device fingerprinting? Cookies were never the problem.
On top of that, they were the thing the users already had control over. Browsers allow you to delete or reject cookies, provide private browsing modes that don't submit them, etc.
Meanwhile the things that would actually be useful, like prohibiting services from requiring the user to provide a phone number (a de facto cross-service cross-device tracking ID) in order use the service, or requiring device attestation (which uniquely identifies the device), are left unaddressed.