The key difference is that decrypting something would likely need to be targeted and on a case-by-case basis, as it would take specialized work, as opposed to these sorts of attacks (much like tapping all of the pipes which transit data underseas or elsewhere, which still goes on in every country or working directly with the ISPs and mobile operators which happens in
most countries) which allows mass dragnet surveillance.
I think most of us would be fine with the NSA doing what they do if it was targeted, like the police getting warrants to break privacy only in important cases for public safety.
The problem will always be mass interception. Not only domestically either, as there is nothing protecting any foreign communications being intercepted in the US (and I'm sure Five eyes+ bypasses these legal roadblocks whenever needed). Which is why the push for encrypt-everything is so important. But as we've seen repeatedly, even when investigating the president and his people, even the allegedly "significant domestic protections" offered by FISA are a joke and basically rubber-stamp.
WhatsApp and iMessage and other non-SMS communication as well as email providers finally adopting proper transit encryption probably has reduced the amount of this sort of unfiltered "intelligence" gathering by 90%+. But I'm sure there's still tons of mobile apps and websites which aren't doing things properly and are filling up their databases.