Passkeys sound like another way for companies like Google and Apple to lock you into their walled garden. Having each walled garden randomly generating a key for every single domain instead of using the actual domain name as part of the key is a great way to lock regular people into their respective ecosystems.
My understanding of passkeys is that they are using WebAuthn under the hood (hence the nod to the w3c/FIDO at the end, and the fact that the passkey in the screenshot was associated with tribank.us). They are solving a very real problem. WebAuthn uses private keys, but those private keys are tied to the device where they were created. This is a blessing and a curse. It's a blessing because it eliminates a whole trove…
To clarify I am not talking about the issue of syncing the device's private key. I am talking about the artificial problem these walled gardens are creating by having every single domain getting its own randomly generated private key. The only practical way to keep all of these randomly generated keys synced across multiple devices is to use the "cloud".
If instead the per site key was generated using a private key and the domain name, users would only need to transport that one private key to another device and would get syncing for free without the requirement of the "cloud".