This more or less describes Facebook's entire corporate ethos at this point. Almost all of their products are now clearly driven by PMs who are so focused on random metrics that they make various awful tweaks to the UX, all of which are clearly intended to drive some metric.
Case in point 1: Instagram replacing the "notifications" counter with a link to their "shopping" function that no one wants or uses.
Case in point 2: Trying to add a GIF on Facebook messenger opens up another entry point to Rooms, the video chat. No one is going to start a video chat from the keyboard, Facebook. (Then again, I'll bet 0.5% of users accidentally started one, so the metric is up! Ship it!)
Walmart would be way more profitable if every item was $100. But then no one shops there anymore.
So you need to walk the line between serving your users and serving your bottom line.
It would be much better for everyone to give good willing contracts, more open and well-intentioned, that the current model of unenforceable but scary lock-everything clauses. It would however probably mean a change of business model.
Whatsapp could say "we'll never profit from you data, we'll only give them to law enforcement after review of the request and we delete all after 5 years", 3 lines and easy to enforce in front of a judge. In truth, none of those auto-approved contracts nobody reads can fully be trusted to be enforced by a judge. The excuse of "I misunderstood it and just clicked anyway to talk to my children" could very well be a defence. You can't say "if you breath, it means you accepted this contract of 2000 lines of legalese".
One day I suspect, at least the EU, they'll think of doing something where you can't deny service for non-respect of a new contract and will have to offer a multi layer service for each contract level. That sounds rational and I can't believe a company can lock me out of an email service or whatever just because I can't accept a contract change I don't even understand.
That or product got tunnel vision again. Wouldn’t be the first time that’s happened.