> In practice, it will mean that some things you will know about, but don't necessarily give consent (i.e., someone taking a picture or a video of you)
This would be outright illegal in the EU.
Even someone is taking photos / videos of me this person is not allowed to share those with third parties without my consent.
If this content is going straight to FB this wouldn't be legal in the first place.
Of course FB is fine with that as they just shift the responsibility for the illegal actions onto the person who is uploading things without consent. (Same "trick" as with phone contacts upload).
FB is using a legal loophole here. Nobody will sue his / her friends. And even if someone tried, it's after the fact anyway: FB can't be forced to "unlearn" the gathered information.