Earlier quoted context omitted.
The causality is more complex: Chrome's approach from the beginning was that they would remove third-party cookies and replace them with more private alternatives like FLoC: https://blog.chromium.org/2020/01/building-more-private-web-... (Disclosure: I work on ads at Google, speaking only for myself)
If we kill FLoC, my hope would be that Google still finds it untenable to backpedal on removing third party cookies... or that public awareness about Google's antiprivacy stance kills Chrome if they do backpedal. It's simple: We force Google to stop tracking us, or we stop using Google products.
[1] https://github.com/WICG/privacy-preserving-ads/blob/main/Par...
[2] https://webkit.org/blog/8943/privacy-preserving-ad-click-att...