Earlier quoted context omitted.
IIUC while floc does indeed build a profile browser side it isn’t something that advertisers can track with the same precision as they can with 3p cookies. So while it’s not the holy grail it does appear to be a small step in the right direction from the status quo. Do I understand the situation correctly? Genuinely curious.
That's what I've been wondering. If FLoC is better for privacy than current tracking methods and Google intends to switch to using FLoC instead of current tracking methods, wouldn't it be better for FLoC to succeed?
For the moment 3p cookies are better, they can easily be erased, blocked or even isolated, and are restricted to a single browser.