If a 30 year old has a 0.08% chance of hospitalization, the risk drops to 0.008%. But they might stand a 1 in 5 chance of getting infected so now it’s 0.016% to 0.0016%.
But if they get injected with a vaccine, the risk of a rare side effect might be 1 in 100,000 or 0.001% which is pretty similar to Covid.
It’s the same analysis the UK did that caused them to recommend against the AZ vaccine for certain age groups.