https://ec.europa.eu/digital-single-market/en/proposal-epriv...
DNT exists but either is not respected or as I've read around, being used to sieve out and track those who do not wish to be tracked.
In a perfect world where everyone is playing fair, site owners would be able to convince users that tracking is beneficial for them and such benefits for users would exist and would convince users to whitelist sites. But sadly, our reality is different and we're facing the aggressive modals - "give us consent or else you won't see the content".
I do understand that there's a need of earning money but this shouldn't be done by deceptive tactics of dark patterns and empty "we care for your privacy" slogans. But then I also don't believe that we'll face another "revision" of how tracking choices are handled done by regulators - not with Google around who's implanting this idea that Google Chrome is the Internet and we don't need address bar.
Then the browser can display this however it is needed and let the user decide which to accept. Plugins could also automate this for the most popular websites so that only the necessary ones are used.
I just block all non-first party cookies with uMatrix. It's not perfect though and sometimes others have to be enabled, especially Google otherwise you'll spend your life completing Captchas.