As a genXer I don’t get it either. The model at the moment referenced here makes much more sense to me at least. Not understanding twitch is a real marker of shifts in generational mindsets. I think I understand tech, but I wouldnt invest in tech sectors as I clearly don’t have the instinct for it anymore.
If that’s so it’s incredibly poorly enforced to the point where complaining is unlikely to have any effect at all. Most Sites have a button that leads To a secondary menu where cookie preferences can be set. Perhaps this meets the mandate you speak of? It’s a much more common setup.