I think it's great. So many sites sit behind Cloudflare now and Cloudflare now uses hCaptcha, which is a big win. And the hCaptchas themselves are easy to complete. No more wondering if you actually clicked on 'all' the traffic lights anymore, yay! I inspected the source code of Google's reCaptcha offering and was disgusted at how many bits of information they were collecting. They also seem to be fingerprinting user…
It won’t solve the privacy issues but at least you’re not working on google’s training set anymore and captchas are automatically solved for you.