EDIT: I didn't realize the anger this would bring out of people. It was supposed to be a funny meme based on recent real-life situations I've encountered, not an attack on the EU.
I appreciate the effort of the EU cookie laws. The practice of them just doesn't live up to the theory of the law. Shady companies are always going to find a way to be shady.
By accepting everything, you are also sending most of the time extra data to third parties. What you are doing is ill-advised if you care about privacy.
Not really. If you're using an adblocker, it's the best option. It's the path of least resistance, and tracking is blocked regardless if it's tracked it not. No server will see if you pressed accept or decline. That's why this addon exists.
However, since many webpages have illegally made it so refusing consent is more difficult than giving 'consent', that extension is significantly more complex and in my experience doesn't work as reliably, unfortunately.
Yeah, sometimes websites have so many hidden checkboxes, that consent-o-matic has a rough time going through all of them. Takes like 10-20 seconds to disable them all at computerized speed.
I Still don't care about cookies? From its description:
In most cases, the add-on just blocks or hides cookie related pop-ups. When it's needed for the website to work properly, it will automatically accept the cookie policy for you (sometimes it will accept all and sometimes only necessary cookie categories, depending on what's easier to do).
So, yeah, doesn't accept everything, but might accept some.