I don't care if I'm tracked by advertisers, and I'm also not advertising, so I guess I'm pretty neutral?
FLoC is Google's new way to target "cohorts" of users with advertising. The idea is that Google will classify each user into a cohort (and that classification will change over time as the user visits more web pages, and perhaps other data is acquired) and only that cohort is reported to the advertiser, which can then use it to serve appropriate ads.
On the flip side, this is obviously still targeted advertising, and some people have a strong negative outlook towards that idea in general. Also, it's been said that if you can manage to track a person across just a few cohort changes, you can personally identify them, which is contrary to the entire idea about FLoC protecting a person's privacy.
In short, proponents think it's better than tracking cookies, and opponents think it's still privacy invasion, and not much better than tracking cookies.