The EU’s own website has the same banner message asking for analytic cookies, it’s just a poorly designed and executed regulation like many in the EU revolving around tech.
Longest period of peace in Europe seems like a pretty big achievement, even if many of us don't even know what it's like to live through wars in Europe. On a smaller scale, having a single currency, no roaming fees, traveling and working everywhere without worrying about tourist or a working Viswa is pretty big too.
Easy to forget about many of these things as we just take these as a given baseline.